First Alabama Bank v. Shelby Motel Group, Inc. (In Re Shelby Motel Group, Inc.)
District Court, N.D. Alabama
1Opinion of the Court
MEMORANDUM OPINION
ACKER, District Judge.
The court has for consideration the appeal of First Alabama Bank (First Alabama) from the denial by the bankruptcy court of First Alabama’s motion for leave to prosecute certain claims on behalf of the bankruptcy estate of Shelby Motel Group, Inc. (Shelby Motel). The procedural facts are fairly simple.
Industrial Development Board of the Town of Vincent, Alabama, issued its First Mortgage Industrial Development Revenue Bonds (Shelby Motel Group, Inc., Series 1980) for two purposes: (1) to provide part of the permanent financing for the acquisition of…
2Cases cited14 opinions
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- In the Matter of Xonics Photochemical, Inc., Debtor. Appeal of Mitsui and Company (u.s.a.), IncCourt of Appeals for the Seventh Circuit · 1988
- Richmond Leasing Co. v. Capital Bank, N.A.Court of Appeals for the Fifth Circuit · 1985
- In the Matter of Barbara Garfinkle, Bankrupt. Arthur Dooley, Trustee, and Penthouse International, Ltd. v. Kenneth J. Weil, Trustee in BankruptcyCourt of Appeals for the Eleventh Circuit · 1982
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- In Re Ashford Hotels, Ltd.United States Bankruptcy Court, S.D. New York · 1998
- United Jersey Bank v. Morgan Guaranty Trust Co. (In Re Prime Motor Inns, Inc.)United States Bankruptcy Court, S.D. Florida. · 1992
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