Legal Opinion
In Re Conroe Forge & Manufacturing Corp.
United States Bankruptcy Court, W.D. Pennsylvania
Decided February 19, 1988No. 19-20242PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM OPINION
JUDITH K. FITZGERALD, Bankruptcy Judge.
The matter presently before the Court is secured creditor Mellon Bank’s oral request, made at a hearing on Debtor’s motion to sell free and clear, to receive immediate payment of proceeds of sale of a piece of heavy machinery.
Mellon Bank has submitted a “Memorandum of Law In Support of the Proposition that, When a Secured Creditor’s Collateral is Sold Pursuant to 11 U.S.C. § 363 in a Liquidating Chapter 11 Case, the Proceeds of Sale May Be Distributed Immediately to the Secured Creditor.” The Court finds the facts to be as follows.
Conroe…
2Cases cited20 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
- In Re Braniff Airways, Inc.Court of Appeals for the Fifth Circuit · 1983
- Donna Lee McLaughlin v. Arco Polymers, Inc., a Corporation and Atlantic Richfield Company, a CorporationCourt of Appeals for the Third Circuit · 1983
15 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re Enron Corp.United States Bankruptcy Court, S.D. New York · 2002
- In Re Naron & Wagner, CharteredUnited States Bankruptcy Court, D. Maryland · 1988
- Rosenberg Real Estate Equity Fund III v. Air Beds, Inc. (In Re Air Beds, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1988
- Contrarian Funds, LLC v. Westpoint Stevens, Inc. (In Re Westpoint Stevens, Inc.)District Court, S.D. New York · 2005
- In Re San Jacinto Glass Industries, Inc.United States Bankruptcy Court, S.D. Texas · 1988
6 more not listed; retrieve them via the Exa API.