Legal Opinion
In Re Delta Air Lines
United States Bankruptcy Court, S.D. New York
Decided March 23, 2006No. 19-10345PublishedCited by 9 opinions
1Opinion of the Court
OPINION DENYING MOTION FOR SETOFF
ADLAI S. HARDIN, JR., Bankruptcy Judge.
The Greater Orlando Aviation Authority (“GOAA”) has brought this motion for relief from the automatic stay in order to set off under 11 U.S.C. § 553 certain credits in favor of Delta Air Lines, Inc. and its subsidiaries (collectively, the “Debtors” or “Delta”) against rejection damages under 11 U.S.C. §§ 365(g) and 502(g) stemming from a lease with GOAA which Delta has rejected.
As amplified below, I conclude that (1) as a matter of law rejection damages under Sections 365(g) and 502(g) may not be set off against a…
2Cases cited28 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
- Park 'N Fly, Inc. v. Dollar Park & Fly, Inc.Supreme Court of the United States · 1985
- Bob Jones University v. United StatesSupreme Court of the United States · 1983
- Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
23 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- CDI Trust v. U.S. Electronics, Inc. (In Re Communication Dynamics, Inc.)United States Bankruptcy Court, D. Delaware · 2008
- Kapila v. H.J. Heinz Co. (In Re Trafford Distributing Center, Inc.)United States Bankruptcy Court, S.D. Florida. · 2009
- Feltman v. Noor Staffing Group, LLC (In re Corporate Resource Services, Inc.)United States Bankruptcy Court, S.D. New York · 2017
- Ferguson v. Garden Ridge Corp.District Court, D. Delaware · 2008
- Subranni v. Navajo Times Publishing Co. (In re Group Communications, Inc.)United States Bankruptcy Court, D. New Jersey · 2016
4 more not listed; retrieve them via the Exa API.