Legal Opinion

United States v. National Westminster Bank USA (In Re Q-C Circuits Corp.)

District Court, E.D. New York

Decided April 8, 1999No. CV 97-0674, Bankruptcy No. 089-71351-511, Adversary No. 092-7035-511PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

WEXLER, District Judge.

This is an appeal from a judgment of the bankruptcy court (Cyganowski, B.J.) granting summary judgment to the United States of America (the “Government”) in an adversary proceeding commenced by the Government against National Westminster Bank USA (“NatWest”). 1 For the reasons set forth below, the grant of summary judgment is affirmed. The order of the bankruptcy court is modified, however, as detailed below, to provide for an award of prejudgment interest to the Government.

BACKGROUND

The adversary proceeding that is the subject of this appeal arises…

2Cases cited13 opinions

  1. City of New York v. New York, New Haven & Hartford RailroadSupreme Court of the United States · 1953
  2. Wickham Contracting Co., Inc., Ralph Perone v. Local Union No. 3, International Brotherhood of Electrical Workers, Afl-CioCourt of Appeals for the Second Circuit · 1992
  3. In Re Momentum Manufacturing Corporation, Debtor. Momentum Manufacturing Corporation v. Employee Creditors CommitteeCourt of Appeals for the Second Circuit · 1994
  4. Truck Drivers Local 807, International Brotherhood of Teamsters, Chauffeurs, Warehousemen & Helpers of America v. Carey Transportation Inc.Court of Appeals for the Second Circuit · 1987
  5. In the Matter of Henry Charles Sam and Gloria H. Sam, Debtors. Sidney Louis Grossie v. Henry Charles SamCourt of Appeals for the Fifth Circuit · 1990

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3Cited by8 opinions

  1. Official Committee of Unsecured Creditors of Affinity Health Care Management, Inc. v. Wellner (In re Affinity Health Care, Management, Inc.)United States Bankruptcy Court, D. Connecticut · 2013
  2. Global Technovations, Inc. v. Onkyo U.S.A. Corp. (In Re Global Technovations, Inc.)United States Bankruptcy Court, E.D. Michigan · 2010
  3. Van Dyck/Columbia Printing v. Katz (In Re Van Dyck/Columbia Printing)District Court, D. Connecticut · 2003
  4. Dery v. Karafa (In re Dearborn Bancorp, Inc.)United States Bankruptcy Court, E.D. Michigan · 2018
  5. In Re Ritchie Risk-Linked Strategies Trading (Ireland), Ltd.United States Bankruptcy Court, S.D. New York · 2012

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