Legal Opinion

In Re Atlantic Gulf Communities Corp.

United States Bankruptcy Court, D. Delaware

Decided May 22, 2007No. 19-50098PublishedCited by 3 opinions

1Opinion of the Court

OPINION 1

MARY F. WALRATH, Bankruptcy Judge.

This matter is before the Court on the Motion of the chapter 7 Trustee of Atlantic Gulf Communities Corporation (the “Debt- or”) to approve the termination of an escrow account established for the protection of New York consumers and the turnover of the remaining escrow funds to the estate. The Motion is opposed by the New York State Department of State (the “Department”). For the reasons stated below, the Court will grant the Motion in part.

I. BACKGROUND

General Development Corporation (“GDC”) was incorporated in Delaware in 1928 and began homesite…

2Cases cited19 opinions

  1. Cohen v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)United States Bankruptcy Court, S.D. New York · 1992
  2. Hasset v. Blue Cross & Blue Shield (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1985
  3. Flemington National Bank & Trust Co. v. Domler Leasing Corp.Appellate Division of the Supreme Court of the State of New York · 1978
  4. Creative Data Forms, Inc. v. Pennsylvania Minority Business Development AuthorityDistrict Court, E.D. Pennsylvania · 1985
  5. Cedar Rapids Meats, Inc. v. Hager (In Re Cedar Rapids Meats, Inc.)United States Bankruptcy Court, N.D. Iowa · 1990

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3Cited by3 opinions

  1. LTF Real Estate Co. v. Expert South Tulsa, LLC (In re Expert South Tulsa, LLC)Bankruptcy Appellate Panel of the Tenth Circuit · 2014
  2. LTF Real Estate Co. v. Expert South Tulsa, LLC (In Re Expert South Tulsa, LLC)United States Bankruptcy Court, D. Kansas · 2011
  3. First American Title Ins. v. United States Bankruptcy Court for the District of Kansas - Kansas CityBankruptcy Appellate Panel of the Tenth Circuit · 2014

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