Legal Opinion

In the Matter of THORNHILL WAY I, Debtor-Appellant

Court of Appeals for the Seventh Circuit

Decided December 29, 1980No. 80-1120PublishedCited by 12 opinions

1Opinion of the Court

SPRECHER, Circuit Judge.

This appeal from the dismissal of a Chapter XII bankruptcy proceeding raises the question of whether Section 517 of the Bankruptcy Act, 11 U.S.C. § 917, requires dismissal because the only real property owned by the debtor is subject to a mortgage insured pursuant to the National Housing Act, 12 U.S.C. § 1701 et seq., which mortgage is now held by the Secretary of Housing and Urban Development.

I

The debtor is an Illinois general partnership which is the “owner” of a 285-unit apartment complex with recreational facilities, located in Carol Stream, Illinois. 1 The…

2Cases cited17 opinions

  1. Kepner v. United StatesSupreme Court of the United States · 1904
  2. D. Ginsberg & Sons, Inc. v. PopkinSupreme Court of the United States · 1932
  3. Market Co. v. HoffmanSupreme Court of the United States · 1879
  4. United States v. ChaseSupreme Court of the United States · 1890
  5. Ex Parte Public National Bank of New YorkSupreme Court of the United States · 1928

12 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. Aycock v. Heritage Bank (In Re Aycock)United States Bankruptcy Court, E.D. North Carolina · 1981
  2. Jones v. Illinois Department of Rehabilitation ServicesDistrict Court, N.D. Illinois · 1981
  3. Children's Memorial Hospital v. Illinois Department of Public AidDistrict Court, N.D. Illinois · 1983
  4. In Re HansonUnited States Bankruptcy Court, W.D. Wisconsin · 2004
  5. In re Gladstone GlenCourt of Appeals for the Seventh Circuit · 1984

7 more not listed; retrieve them via the Exa API.

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