In Re Nuclear Imaging Systems, Inc.
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM
BRUCE I. FOX, Chief Judge.
The United States has filed a motion to terminate the bankruptcy stay in order to exercise a common law right of setoff. 1 More specifically, the United States seeks relief from the automatic stay in order to setoff the payment to the debtors of certain prepetition receivables due under the Medicare, Champús 2 and Champva 3 programs against the debtor’s prepetition federal tax liabilities. 4 This motion is opposed by a creditor, NPF X, Inc., which asserts a security interest in those prepetition receivables. The debtors do not oppose the relief sought by…
2Cases cited79 opinions
- John Doe v. United States of America, in Re John Doe, Debtor. John Doe v. United StatesCourt of Appeals for the Ninth Circuit · 1995
- United States v. City of New BritainSupreme Court of the United States · 1954
- Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
- United States v. Munsey Trust Co.Supreme Court of the United States · 1947
- In Re Orion Pictures Corporation, Debtor, Orion Pictures Corporation v. Showtime Networks, Inc., Formerly Known as Showtime/the Movie Channel, Inc.Court of Appeals for the Second Circuit · 1993
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3Cited by19 opinions
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- In Re BrownDistrict Court, E.D. Pennsylvania · 2004
- Commercial National Bank v. Seubert & Associates, Inc.Superior Court of Pennsylvania · 2002
- In Re Garden Ridge Corp.United States Bankruptcy Court, D. Delaware · 2006
- In Re EalyUnited States Bankruptcy Court, E.D. Arkansas · 2008
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