Legal Opinion

Vanguard Airlines, Inc. v. International Aero Components, Inc. (In Re Vanguard Airlines, Inc.)

United States Bankruptcy Court, W.D. Missouri

Decided July 25, 2003No. 18-43270PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

JERRY VENTERS, Bankruptcy Judge.

In this Adversary Proceeding, the Court has before it a Motion for the repossession of spare aircraft parts and equipment pursuant to Section 1110 of the Bankruptcy Code. This is an issue of apparent first impression in this District and in the Eighth Circuit.

On April 15, 2003, International Aero Components, Inc. (“IAC”) and GMAC Commercial Finance, LLC (“GMAC”) 1 filed a joint motion seeking an order to compel Vanguard Airlines, Inc. (“Debtor”) to abandon property under § 544 of the Bankruptcy Code and seeking authorization to…

2Cases cited34 opinions

  1. Pioneer Investment Services Co. v. Brunswick Associates Ltd. PartnershipSupreme Court of the United States · 1993
  2. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  3. Butner v. United StatesSupreme Court of the United States · 1979
  4. Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
  5. Consumer Product Safety Commission v. GTE Sylvania, Inc.Supreme Court of the United States · 1980

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3Cited by2 opinions

  1. In Re LTV Steel Company, Inc.United States Bankruptcy Court, N.D. Ohio · 2003
  2. Vanguard Airlines, Inc. v. Sarah & William Hambrecht Foundation (In Re Vanguard Airlines, Inc.)United States Bankruptcy Court, W.D. Missouri · 2003

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