Legal Opinion

Korvettes Inc. v. Sanyo Electric Inc. (In Re Korvettes Inc.)

United States Bankruptcy Court, S.D. New York

Decided August 16, 1984No. 19-10271PublishedCited by 16 opinions

1Opinion of the Court

DECISION AND ORDER ON STATUTE OF LIMITATIONS APPLICABLE TO DEBTOR IN POSSESSION’S PREFERENCE ACTION

BURTON R. LIFLAND, Bankruptcy Judge.

The issue before the Court, one of apparent first impression in this district, concerns the motion of defendant Sanyo Electric, Inc. (“Sanyo”) to dismiss this Chapter 11 debtor’s complaint in which Korvettes, Inc. (“Korvettes”) seeks to recover for allegedly voidable preferential transfers received by Sanyo. Sanyo contends that Kor-vettes’ complaint is time-barred in that it was instituted by a reorganized debtor beyond a two-year statute of limitations and…

2Cases cited24 opinions

  1. Johnson v. Railway Express Agency, Inc.Supreme Court of the United States · 1975
  2. United States v. KubrickSupreme Court of the United States · 1979
  3. Holmberg v. ArmbrechtSupreme Court of the United States · 1946
  4. Board of Regents of Univ. of State of NY v. TomanioSupreme Court of the United States · 1980
  5. International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966

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3Cited by16 opinions

  1. Galerie Des Monnaies of Geneva, Ltd. v. Deutsche Bank, A.G., New York Branch (In Re Galerie Des Monnaies of Geneva, Ltd.)United States Bankruptcy Court, S.D. New York · 1985
  2. Stuart v. Pingree (In Re Afco Development Corp.)United States Bankruptcy Court, D. Utah · 1986
  3. In Re SchoenewerkDistrict Court, E.D. New York · 2003
  4. Korvettes, Inc. v. Sanyo Electric, Inc. (In Re Korvettes, Inc.)District Court, S.D. New York · 1986
  5. J.E. Jennings, Inc. v. William Carter Co. (In Re J.E. Jennings, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1985

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