Legal Opinion

TTS, Inc. v. Citibank, N.A. (In Re TTS, Inc.)

District Court, D. Delaware

Decided March 16, 1993No. Civ. A. No. 91-222-RRM, Adv. No. 89-90PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OPINION

McKELVIE, District Judge.

In this appeal from the Bankruptcy Court, the predominant issue is whether funds which the debtor, TTS, Inc., had placed in escrow for the benefit of Jarvis Slade, a former employee, are property of the debtor’s estate under § 541 of the Bankruptcy Code. The Bankruptcy Court granted summary judgment for Slade, holding that the escrow funds were not property of the debtor’s estate and that the escrow agreement was not an executory contract. In re TTS, Inc., 125 B.R. 411 (Bankr.D.Del.1991). TTS has appealed and moved for summary judgment on its own…

2Cases cited11 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
  3. In the Matter of Benny L. ROACH and Edith Roach, AppellantsCourt of Appeals for the Third Circuit · 1987
  4. Sharon Steel Corporation v. National Fuel Gas Distribution Corporation, Intervenor: James W. Toren, TrusteeCourt of Appeals for the Third Circuit · 1989
  5. Georgia Pacific Corporation v. Sigma Service CorporationCourt of Appeals for the Fifth Circuit · 1983

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

3Cited by9 opinions

  1. NTA, LLC v. Concourse Holding Co.Court of Appeals for the First Circuit · 2004
  2. Musso v. New York State Higher Education Services Corp. (In Re Royal Business School, Inc.)United States Bankruptcy Court, E.D. New York · 1993
  3. Holmes Environmental, Inc. v. Suntrust Banks, Inc. (In Re Holmes Environmental, Inc.)United States Bankruptcy Court, E.D. Virginia · 2002
  4. Kent's Run Partnership, Ltd. v. GlosserDistrict Court, W.D. Pennsylvania · 2005
  5. In Re Atlantic Gulf Communities Corp.United States Bankruptcy Court, D. Delaware · 2007

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API