Legal Opinion

Matter of Schwab Adams Co.

District Court, S.D. New York

Decided February 2, 1978No. 77 B 225PublishedCited by 12 opinions

1Opinion of the Court

OPINION

ROBERT L. CARTER, District Judge.

Statement of the Facts

The debtor filed a petition in the Bankruptcy Court seeking an arrangement under Chapter XII of the Bankruptcy Act. The debtor was permitted to retain possession of its sole asset, land and an apartment building erected thereon known as Schwab House located at 11 Riverside Drive, New York, New York.

Schwab House is encumbered by the following three mortgages: (1) a first mortgage held by Prudential Insurance Co. of America (“Prudential”) in the aggregate unpaid principal amount of $4,771,998.13 plus accrued interest and expenses;…

2Cases cited6 opinions

  1. Metropolitan Life Ins. v. Murel Holding Corp.Court of Appeals for the Second Circuit · 1935
  2. In the Matter of Madeline Dorr Taylor, Debtor-Appellant v. B. G. Wood and Mary D. Wood, Creditors-AppelleesCourt of Appeals for the Ninth Circuit · 1972
  3. Kyser v. MacAdamCourt of Appeals for the Second Circuit · 1941
  4. Meyer v. Rowen in Re MeyerCourt of Appeals for the Tenth Circuit · 1952
  5. Palo Alto Mutual Savings & Loan Ass'n v. WilliamsCourt of Appeals for the Ninth Circuit · 1957

1 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. In Re BensonUnited States Bankruptcy Court, N.D. Illinois · 1981
  2. In The Matter Of Perimeter Park Investment Associates, Ltd.Court of Appeals for the Eleventh Circuit · 1983
  3. Matter of Mallard AssociatesDistrict Court, S.D. New York · 1979
  4. Matter of MacOn Uplands VentureDistrict Court, M.D. Georgia · 1980
  5. Central Savings Bank v. Burnt Hills Associates (In re Burnt Hills Associates)District Court, N.D. New York · 1980

7 more not listed; retrieve them via the Exa API.

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