Legal Opinion

In Re Nuclear Imaging Systems, Inc.

United States Bankruptcy Court, E.D. Pennsylvania

Decided October 18, 2000No. 19-10004PublishedCited by 19 opinions

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

  1. John Doe v. United States of America, in Re John Doe, Debtor. John Doe v. United StatesCourt of Appeals for the Ninth Circuit · 1995
  2. United States v. City of New BritainSupreme Court of the United States · 1954
  3. Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
  4. United States v. Munsey Trust Co.Supreme Court of the United States · 1947
  5. 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

  1. In Re: Charter Oak Associates, Debtor. Neal Ossen, Trustee v. Department of Social Services, State of ConnecticutCourt of Appeals for the Second Circuit · 2004
  2. In Re BrownDistrict Court, E.D. Pennsylvania · 2004
  3. Commercial National Bank v. Seubert & Associates, Inc.Superior Court of Pennsylvania · 2002
  4. In Re Garden Ridge Corp.United States Bankruptcy Court, D. Delaware · 2006
  5. In Re EalyUnited States Bankruptcy Court, E.D. Arkansas · 2008

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