Legal Opinion
In the Matter of Burgess Wholesale Mfg. Opticians, Inc., Debtor. Appeal of United States of America
Court of Appeals for the Seventh Circuit
Decided November 30, 1983No. 82-2258PublishedCited by 21 opinions
1Opinion of the Court
ESCHBACH, Circuit Judge.
The Bankruptcy Code permits reorganizing entities to pay unsecured tax claims over a period of time. The issue in this case is whether the federal government is entitled to interest on such a claim throughout the payment period. We conclude that it is and thus reverse the judgment of the district court.
I
On August 21, 1980, the debtor, an Illinois Corporation, filed a plan of reorganization pursuant to 11 U.S.C. § 1121. Under the plan the debtor proposes to pay, over a five-year period, taxes owing to the United States. The debtor proposes to pay the tax claim,…
2Cases cited7 opinions
- In the Matter of Southern States Motor Inns, Inc., Debtor. United States of America v. Southern States Motor Inns, Inc.Court of Appeals for the Eleventh Circuit · 1983
- In Re Connecticut Aerosols, Inc.United States Bankruptcy Court, D. Connecticut · 1983
- Matter of Bay Area ServicesUnited States Bankruptcy Court, M.D. Florida · 1982
- In Re MooreUnited States Bankruptcy Court, N.D. Texas · 1982
- In Re Burgess Wholesale Mfg. Opticians, Inc.United States Bankruptcy Court, N.D. Illinois · 1982
2 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- In Re Snider Farms, Inc.United States Bankruptcy Court, N.D. Indiana · 1988
- In Re River Village AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
- In re GreenigCourt of Appeals for the Seventh Circuit · 1998
- In Re MitchellUnited States Bankruptcy Court, D. Oregon · 1984
- In Re ShannonDistrict Court, S.D. Ohio · 1989
16 more not listed; retrieve them via the Exa API.