Legal Opinion

Plastic Distributing Corp. v. Koro Corp. (In Re Koro Corp.)

United States Bankruptcy Court, D. Massachusetts

Decided April 28, 1981No. 19-40312PublishedCited by 4 opinions

1Opinion of the Court

FINDINGS AND RULINGS ON MOTION FOR SUMMARY JUDGMENT

HAROLD LAYIEN, Bankruptcy Judge. Findings of Fact

At the hearing on Defendant’s Motion for Summary Judgment, the following were the only material facts, all of which were uncontested.

On January 27,1981, the Plaintiff, Plastic Distributing Corporation (hereinafter P D C) sold the Defendant Debtor, Koro Corporation, 13,900 pounds of 350 Natural ABS plastic pellets, in what was intended by all parties to be a cash transaction. The pellets were delivered on January 27 and manufactured by Koro into plastic sheet for resale to a third party on the…

2Cases cited3 opinions

  1. Joseph Szabo, Trustee in Bankruptcy of Bell Oldsmobile, Inc. v. Vinton Motors, Inc.Court of Appeals for the First Circuit · 1980
  2. Greater Louisville Auto Auction, Inc. v. Ogle Buick, Inc.Court of Appeals of Kentucky (pre-1976) · 1965
  3. American Soda Fountain Co. v. ParsonsCourt of Appeals for the First Circuit · 1929

3Cited by4 opinions

  1. Plastic Distributing Corp. v. Koro Corp. (In Re Koro Corp.)Bankruptcy Appellate Panel of the First Circuit · 1982
  2. Party Packing Corp. v. Rosenberg (In Re Landy Beef Co.)United States Bankruptcy Court, D. Massachusetts · 1983
  3. In Re Furniture Distributors, Inc.United States Bankruptcy Court, D. Massachusetts · 1984
  4. In Re Flagstaff Foodservice Corp.United States Bankruptcy Court, S.D. New York · 1986

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