Legal Opinion

In Re Airlift International, Inc., Debtor, Gatx Leasing Corp. v. Airlift International, Inc.

Court of Appeals for the Eleventh Circuit

Decided June 4, 1985No. 83-5626PublishedCited by 64 opinions

1Opinion of the Court

CLARK, Circuit Judge:

The appellant (GATX) appeals from a district court order upholding a bankruptcy court denial of GATX’s application for payment of an administrative claim. This case arises out of the sale of a DC-8 aircraft from GATX to the debtor, Airlift International, Inc. (Airlift). The aircraft, which was sold with installed and spare engines, was purchased for $11,596,973.00 of which $9,220,000.00 was to be paid in 120 monthly installments of $130,951.16 consisting of principal and interest, as evidenced by a promissory note which was secured by a duly perfected aircraft chattel…

2Cases cited6 opinions

  1. In Re Italian Cook Oil Corp.Court of Appeals for the Third Circuit · 1951
  2. In the Matter of Steelship Corporation, Bankrupt. Vilas and Sommer Inc. v. Emon Mahony, Jr., TrusteeCourt of Appeals for the Eighth Circuit · 1978
  3. In Re Rhymes, Inc.United States Bankruptcy Court, D. Connecticut · 1981
  4. Union Leasing Co. v. Peninsula Gunite, Inc. (In Re Peninsula Gunite, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
  5. In Re Chugiak Boat Works, Inc.United States Bankruptcy Court, D. Alaska · 1982

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

3Cited by64 opinions

  1. In Re Trans World Airlines, Incorporated, Debtor. Interface Group-Nevada, Incorporated v. Trans World Airlines, Incorporated. Thomas E. Ross, Trustee. In Re Trans World Airlines, Incorporated, Debtor. Interface Group-Nevada, Incorporated v. Trans World Airlines, Incorporated, Thomas E. Ross, TrusteeCourt of Appeals for the Third Circuit · 1998
  2. Sharon Steel Corporation v. National Fuel Gas Distribution Corporation, Intervenor: James W. Toren, TrusteeCourt of Appeals for the Third Circuit · 1989
  3. In Re Klein Sleep Products, Inc., Debtor. Nostas Associates v. Bernard W. Costich, Chapter 11 Trustee, and Official Committee of Unsecured CreditorsCourt of Appeals for the Second Circuit · 1996
  4. In the Matter of Braniff Airways, Inc., Debtor. Memphis-Shelby County Airport Authority v. Braniff Airways, Inc.Court of Appeals for the Fifth Circuit · 1986
  5. U.S. Bank Trust National Ass'n v. AMR Corp.Court of Appeals for the Second Circuit · 2013

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