Legal Opinion

In Re Axona International Credit & Commerce Ltd.

United States Bankruptcy Court, S.D. New York

Decided August 11, 1988No. 19-35003PublishedCited by 58 opinions

1Opinion of the Court

DECISION AND ORDER — ON APPLICATION TO SUSPEND THE CHAPTER 7 CASE AND DIRECT THE TURNOVER OF ASSETS, AND ON CROSS-APPLICATION TO DISMISS THE CASE AND VACATE AB INITIO ALL PROCEEDINGS AND SETTLEMENTS THEREIN

BURTON R. LIFLAND, Chief Judge.

I. INTRODUCTION

The chapter 7 case before this Court is the progeny of a Hong Kong winding-up proceeding concerning this debtor, Axona International Credit & Commerce Limited (hereafter “Axona” or “Debtor”) pending in the Supreme Court of Hong Kong. The United States chapter 7 trustee and the Hong Kong liquidators (collectively the “Joint Applicants”), 1…

2Cases cited52 opinions

  1. Bolling v. SharpeSupreme Court of the United States · 1954
  2. Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
  3. Hilton v. GuyotSupreme Court of the United States · 1895
  4. Ogden v. SaundersSupreme Court of the United States · 1827
  5. Lehnhausen v. Lake Shore Auto Parts Co.Supreme Court of the United States · 1973

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3Cited by58 opinions

  1. In Re: Koreag, Controle Et Revision S.A.Court of Appeals for the Second Circuit · 1992
  2. Petition of BrierleyUnited States Bankruptcy Court, S.D. New York · 1992
  3. In Re Cenargo International, PLCUnited States Bankruptcy Court, S.D. New York · 2003
  4. In Re Global Ocean Carriers Ltd.United States Bankruptcy Court, D. Delaware · 2000
  5. In Re Parklane/atlanta Joint Venture, Debtor. Parklane Hosiery Company, Inc. v. Parklane/atlanta Venture, James D. SilversCourt of Appeals for the Eleventh Circuit · 1991

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