Cello Bag Co. v. Champion International Corp. (In Re Atlanta Packaging Products, Inc.)
United States Bankruptcy Court, N.D. Georgia
1Opinion of the Court
ORDER
JOYCE BIHARY, Bankruptcy Judge.
This is a dispute between Cello Bag Company, Inc. (“Cello”), a disappointed potential purchaser of the debtor’s assets, and Champion International Corp. (“Champion”), a creditor with a security interest in some of the debtor’s assets. Cello alleges that it had a contract with Champion to purchase the debtor’s assets before the debtor’s involuntary Chapter 7 case was filed. Cello unsuccessfully sought to stop a sale by the Chapter 7 Trustee to a party who offered more money to buy more assets through a Court-approved sale. The Court approved the sale…
2Cases cited26 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Howard YOUNG, Plaintiff-Appellant, v. GENERAL FOODS CORPORATION, Defendant-AppelleeCourt of Appeals for the Eleventh Circuit · 1988
- Brack v. BrownleeSupreme Court of Georgia · 1981
- In Re Beck Industries, Inc.Court of Appeals for the Second Circuit · 1979
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- In Re S.N.A. Nut Co.United States Bankruptcy Court, N.D. Illinois · 1995
- In Re Big Rivers Electric Corp.United States Bankruptcy Court, W.D. Kentucky · 1998
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