In Re New Haven Foundry, Inc.
United States Bankruptcy Court, E.D. Michigan
1Opinion of the Court
Opinion Granting GM’s Motion for Relief from Stay to Allow Setoff
STEVEN W. RHODES, Chief Judge.
This matter is before the Court on a motion filed by General Motors for relief from the automatic stay to permit set-off. DaimlerChrysler Corp. (DCX) filed an objection. The Court conducted a hearing, requested additional briefing from the parties, and took the matter under advisement.
I
Wesley International, an affiliate of New Haven Foundry, Inc., filed for chapter 11 protection on June 29, 1998. GM provided postpetition financing to Wesley, secured by a security interest in all of Wesley’s…
2Cases cited21 opinions
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- Bankr. L. Rep. P 73,372 in Re Nathan Davidovich and Amy Jill Davidovich, Debtors. Nathan Davidovich and Christine Jobin, Trustee v. Charles WeltonCourt of Appeals for the Tenth Circuit · 1990
- In Re: Gordon Sel-Way, Inc., Debtor. Gordon Sel-Way, Inc. v. United StatesCourt of Appeals for the Sixth Circuit · 2001
- In Re Davidson Lumber Sales, Inc., Debtor. Zions First National Bank, N.A. v. Christiansen Brothers, Inc., and Jacobsen-Robbins ConstructionCourt of Appeals for the First Circuit · 1995
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