Legal Opinion
In Re Blanks
United States Bankruptcy Court, E.D. North Carolina
Decided September 10, 1986No. 19-02273PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
A. THOMAS SMALL, Bankruptcy Judge.
The matter before the court is the objection by McPherson Beverages, Inc. to the chapter 7 trustee’s proposed order of distribution. At issue is whether an avoided preferential lien should be preserved under 11 U.S.C. § 551 to defeat a junior lien when the proceeds will go to pay costs of administration and priority tax claims, but nonp-riority unsecured claimants will not receive anything. A hearing was held in Raleigh, North Carolina on September 2, 1986.
The debtors, George Thomas Blanks and Peggy C. Blanks, filed a voluntary…
2Cases cited2 opinions
- Tennessee MacHinery Co. v. Appalachian Energy Industries, Inc. (In Re Appalachian Energy Industries, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1982
- Schuman v. Roger Baker & Associates, Inc.Court of Appeals of North Carolina · 1984
3Cited by3 opinions
- Young v. Camelot Homes, Inc. (In Re Young)United States Bankruptcy Court, D. Maine · 2008
- Yoppolo v. Liberty Mortgage (In Re Morgan)United States Bankruptcy Court, N.D. Ohio · 2001
- Gold v. New Century Mortgage Corp. (In Re Salinitro)United States Bankruptcy Court, E.D. Michigan · 2006