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Legal Opinion

Schwinn Plan Committee v. Transamerica Insurance Finance Corp. (In Re Schwinn Bicycle Co.)

United States Bankruptcy Court, N.D. Illinois

Decided September 25, 1996No. 19-02110PublishedCited by 23 opinions

1Opinion of the Court

FINDINGS OF FACT AND CONCLUSIONS OF LAW FOLLOWING TRIAL OF CASE AGAINST TIFCO

JACK B. SCHMETTERER, Judge.

This Adversary proceeding relates to bankruptcy eases filed by Schwinn Bicycle Co. and various related entities (collectively “Debtor” or “Schwinn”) under Chapter 11 of the Bankruptcy Code, 11 U.S.C. § 101 et seq. Its liquidating Plan was confirmed. On October 3, 1994, Plaintiff Schwinn Plan Committee (“Plaintiff’ or “Committee”) filed the instant Adversary Complaint against a number of defendants, including Defendant Transamerica Insurance Finance Corporation (“Defendant” or “TIFCO”), as…

2Cases cited30 opinions

  1. Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
  2. Palmer Clay Products Co. v. BrownSupreme Court of the United States · 1936
  3. In the Matter of Joseph D. Smith, Doing Business as J.D. Management Services and G.L. Properties, Debtor. Appeal of David R. Boyer, TrusteeCourt of Appeals for the Seventh Circuit · 1992
  4. 17 Collier bankr.cas.2d 550, Bankr. L. Rep. P 71,951 in Re James Ross Hartley & Sharon Lee Hartley, D/B/A Hartley Trucking, Debtors. Suzanne Cotner Mandross, Successor-Trustee v. Peoples Banking CompanyCourt of Appeals for the Sixth Circuit · 1987
  5. In Re Tenna Corporation, Debtor. Charles J. Neuger, Trustee v. United StatesCourt of Appeals for the Sixth Circuit · 1986

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3Cited by23 opinions

  1. Official Committee of Unsecured Creditors of 360networks (USA) Inc. v. U.S. Relocation Services, Inc. (In Re 360NETWORKS (USA) INC.)United States Bankruptcy Court, S.D. New York · 2005
  2. In Re Smith's Home Furnishings, Inc., Debtor. Michael B. Batlan, Trustee v. Transamerica Commercial Finance CorporationCourt of Appeals for the Ninth Circuit · 2001
  3. Valley National Bank v. Greenwich InsuranceDistrict Court, S.D. New York · 2003
  4. Telesphere Liquidating Trust v. Galesi (In Re Telesphere Communications, Inc.)United States Bankruptcy Court, N.D. Illinois · 1999
  5. Golfview Developmental Center, Inc. v. All-Tech Decorating Co. (In Re Golfview Developmental Center, Inc.)United States Bankruptcy Court, N.D. Illinois · 2004

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