In Re Secured Equipment Trust of Eastern Air Lines, Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION ON MOTION TO DISMISS INVOLUNTARY PETITION
BURTON R. LIFLAND, Chief Judge.
First Fidelity Bank, N.A., New Jersey (“First Fidelity”), the Collateral Trustee of the Eastern Air Lines, Inc. Secured Equipment Trust (the “Secured Equipment Trust” or “Trust”), moves to dismiss an involuntary petition filed against the Trust on the grounds that the Trust is not an eligible debtor under the Bankruptcy Code, 11 U.S.C. §§ 101-1330 (1993) (the “Code”).
I. Background
A. Statement of Facts
Eastern Air Lines, Inc. (“Eastern”) and First Fidelity executed a Secured Equipment Indenture and Lease…
2Cases cited26 opinions
- Pioneer Investment Services Co. v. Brunswick Associates Ltd. PartnershipSupreme Court of the United States · 1993
- Perrin v. United StatesSupreme Court of the United States · 1979
- Merrill v. Abbott (In Re Independent Clearing House Co.)United States Bankruptcy Court, D. Utah · 1984
- Merrill v. Allen (In Re Universal Clearing House Co.)District Court, D. Utah · 1986
- Merril v. Dietz (In Re Universal Clearing House Co.)District Court, D. Utah · 1986
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