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Legal Opinion

In Re Airport MacHining Corporation

District Court, W.D. Tennessee

Decided December 5, 1973No. 5377Published

1Opinion of the Court

ORDER ON PRIORITY OF RIGHTS

WELLFORD, District Judge.

The United States through the District United States Attorney has filed very substantial claims in this cause against the debtor complex for (1) taxes (Internal Revenue Service), (2) excess profits (Renegotiation Board), (3) damages and excess costs (Department of Defense) and (4) damages for alleged breach of contract (Department of Labor). The United States has asserted priority for all of the claims except (4) those of the Department of Labor before claims of numerous other creditors, secured and unsecured, are to be paid pursuant to a…

2Cases cited17 opinions

  1. United States v. Gilbert Associates, Inc.Supreme Court of the United States · 1953
  2. United States v. State Bank of NCSupreme Court of the United States · 1832
  3. Bramwell v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1925
  4. United States v. Waddill, Holland & Flinn, Inc.Supreme Court of the United States · 1945
  5. Price v. United StatesSupreme Court of the United States · 1926

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