Legal Opinion

In re Croton River Club, Inc.

District Court, S.D. New York

Decided February 10, 1994No. Bankruptcy No. 91 B 20215 (HS)Published

1Opinion of the Court

DECISION ON TRUSTEE’S MOTION TO EXPUNGE CLAIM # 82 FILED BY THE RIVER CLUB PARTNERSHIP

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The trustee in bankruptcy of the Croton River Club, Inc., a debtor which was converted from Chapter 11 of the Bankruptcy Code to Chapter 7, objects to the secured claim in the amount of $225,138.00 filed by the River Club Partnership (“River Club”) with respect to two fifty foot condominium slips which River Club claims it was entitled to pursuant to a written contract with the debtor (“the Agreement”). The trustee contends that not only is the alleged “floating lien” on…

2Cases cited4 opinions

  1. International Paper Co. v. WhitsonCourt of Appeals for the Tenth Circuit · 1979
  2. Matter of Georg Jensen, Inc.United States Bankruptcy Court, S.D. New York · 1979
  3. Internatio-Rotterdam, Inc. v. River Brand Rice Mills, Inc.Court of Appeals for the Second Circuit · 1958
  4. In Re Croton River Club, Inc.District Court, S.D. New York · 1993

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