Legal Opinion
In the Matter of Ribs-R-Us, Inc., a Corporation of the State of New Jersey. Appeal of United States of America
Court of Appeals for the Third Circuit
Decided September 9, 1987No. 86-5774PublishedCited by 85 opinions
1Opinion of the Court
OPINION OF THE COURT
SLOVITER, Circuit Judge.
The question presented by this appeal is whether a corporate debtor under reorganization pursuant to Chapter 11 of the Bankruptcy Code can specify in its plan of reorganization that federal tax payments shall be applied first to satisfy the corporation’s trust fund liabilities, thereby protecting the corporation’s principals from potential personal liability in the event that the reorganization is unsuccessful. Because we conclude that payments on pre-petition federal tax liabilities by a debtor pursuant to a plan of reorganization under Chapter 11…
2Cases cited22 opinions
- Slodov v. United StatesSupreme Court of the United States · 1978
- Helvering v. American Dental Co.Supreme Court of the United States · 1943
- Robert W. Monday v. United States of America, and Third-Party v. John A. Monday, Third-PartyCourt of Appeals for the Third Circuit · 1970
- Wolf v. WeinsteinSupreme Court of the United States · 1963
- United States v. SoteloSupreme Court of the United States · 1978
17 more not listed; retrieve them via the Exa API.
3Cited by85 opinions
- United States v. Energy Resources Co.Supreme Court of the United States · 1990
- United States v. Lewis Pepperman, Trustee for Keith T. Sorensen, Keith T. Sorensen, Debtor, Us Trustee, TrusteeCourt of Appeals for the Third Circuit · 1992
- Integrated Solutions, Inc. v. Service Support Specialties, Inc.Court of Appeals for the Third Circuit · 1997
- Lou Brounstein v. United StatesCourt of Appeals for the Third Circuit · 1992
- Belcufine v. AloeCourt of Appeals for the Third Circuit · 1997
80 more not listed; retrieve them via the Exa API.