Legal Opinion
In Re Lason, Inc.
United States Bankruptcy Court, D. Delaware
Decided October 15, 2003No. 19-10380PublishedCited by 1 opinion
1Opinion of the Court
OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court is the Motion of Ark 2000-1 CLO, Limited and Patriarch Partners, LLC (collectively “Ark”) for an Order Directing Lason, Inc., et al. (“the Debtors”) to release to Ark certain proceeds of the sale of certain assets of the Debtors. For the reasons stated below, the Court will deny Ark’s motion.
I. BACKGROUND
Ark is one of the Debtors’ senior lending group (“the Senior Lenders”). Pre-petition, the Debtors had granted to the Senior Lenders liens, mortgages, and security interests in substantially all of the Debtors’ assets, including but…
2Cases cited6 opinions
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- In Re Genesis Health Ventures, Inc.United States Bankruptcy Court, D. Delaware · 2001
- In Re Sierra-CalUnited States Bankruptcy Court, E.D. California · 1997
- Matter of Quarter Moon Livestock Co., Inc.United States Bankruptcy Court, D. Idaho · 1990
- In Re Vencor, Inc.United States Bankruptcy Court, D. Delaware · 2002
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3Cited by1 opinion
- ACC Bondholder Group v. Adelphia Communications Corp. (In Re Adelphia Communications Corp.)District Court, S.D. New York · 2007