Legal Opinion

RSJ Construction Corp. v. C. H. Stuart, Inc. (In Re C. H. Stuart, Inc.)

United States Bankruptcy Court, W.D. New York

Decided February 11, 1982No. 1-18-12612PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM AND DECISION

EDWARD D. HAYES, Bankruptcy Judge.

On March 28, 1978, RSJ Construction Corporation (RSJ) entered into a contract with C. H. Stuart, Inc. (Stuart) for the construction of office, warehouse and manufacturing facilities on real property owned by Stuart and located in Saratoga County, New York. The new facility became the home for the Artcraft Concepts division of C. H. Stuart.

Stuart’s board of directors authorized capital expenditures of $5,450,000 for the building and furnishing of the new Artcraft complex. The construction budget for the RSJ contract was set at…

2Cases cited1 opinion

  1. Monroe Savings Bank v. First National BankAppellate Division of the Supreme Court of the State of New York · 1976

3Cited by3 opinions

  1. Armstrong World Industries, Inc. v. James A. Phillips, Inc. (In Re James A. Phillips, Inc.)District Court, S.D. New York · 1983
  2. Kraft v. Fisk Associates (In Re Millerlee Corp.)United States Bankruptcy Court, S.D. New York · 1987
  3. In Re BrittianUnited States Bankruptcy Court, D. Montana · 1989

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