Legal Opinion

Barclays Bank of New York, N.A. v. Saypol (In Re Saypol)

United States Bankruptcy Court, S.D. New York

Decided July 5, 1983No. 18-12845PublishedCited by 58 opinions

1Opinion of the Court

DECISION ON PROCEEDINGS TO VACATE AUTOMATIC STAY

HOWARD C. BUSCHMAN, III, Bankruptcy Judge.

Marine Midland Bank, N.A. (“Marine”) and Barclays Bank of New York, N.A. (“Barclays”) seek a modification of the automatic stay codified in 11 U.S.C. § 362(a) so that they may foreclose on perfected security interests they hold in property of the debtor, Ronald D. Saypol.

I

Ronald D. Saypol was Chairman and Chief Executive Officer of the Lionel Corporation (“Lionel”) until July, 1982. He then took a leave of absence under terms of an agreement contemplating his resignation from all positions he held at…

2Cases cited28 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  3. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  4. Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
  5. Mueller v. NugentSupreme Court of the United States · 1902

23 more not listed; retrieve them via the Exa API.

3Cited by58 opinions

  1. In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
  2. In Re Elmira Litho, Inc.United States Bankruptcy Court, S.D. New York · 1994
  3. In Re Briggs Transportation Company, Debtor. Lend Lease, a Division of National Car Rental Systems, Inc. v. Briggs Transportation Company, in Re Briggs Transportation Company, Debtor. General Motors Acceptance Corporation v. Briggs Transportation CompanyCourt of Appeals for the Eighth Circuit · 1986
  4. In Re Timbers Of Inwood Forest Associates, Ltd.Court of Appeals for the Fifth Circuit · 1986
  5. Varon v. Trimble, Marshall & Goldman, P.C. (In Re Euro-Swiss International Corp.)United States Bankruptcy Court, S.D. New York · 1983

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