Verco Industries v. United States (In Re Verco Industries)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
VOLINN, Bankruptcy Judge:
I
INTRODUCTORY
On July 23, 1980, Verco Industries (“Verco”) filed a petition for reorganization under Chapter 11 of the Bankruptcy Reform Act of 1978, 11 U.S.C. §§ 1101, et seq. (hereinafter the “Code”). The United States filed proofs of claims against the Verco bankruptcy estate for breach of various contracts between it and Verco for the manufacture of equipment jior agencies of the United States pursuant to military procurement contracts.
Verco objected to the proofs of claim and counterclaimed against the United States. It thereafter amended the objections and…
2Cases cited21 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Armstrong v. United StatesSupreme Court of the United States · 1960
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- United States v. County of AlleghenySupreme Court of the United States · 1944
- City of Detroit v. Murray Corp. of AmericaSupreme Court of the United States · 1958
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