Legal Opinion
In Re Walnut Associates
United States Bankruptcy Court, E.D. Pennsylvania
Decided October 1, 1992No. 19-11069PublishedCited by 19 opinions
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
A. INTRODUCTION
The contested matter considered herein presents an excellent vehicle to explain why this court should no longer accept the assumption implicit in several of its previous decisions, notably In re W. & L. Associates, Inc., 71 B.R. 962 (Bankr.E.D.Pa.1987), that rejection of an executory contract necessarily voids or eliminates the underlying contract. Rather, we adopt the analysis presented in several recent law review articles and synthesized in In re Drexel Burnham Lambert Group, Inc., 138 B.R. 687, 700-09 (Bankr.S.D.N.Y.1992), which…
2Cases cited13 opinions
- Scarano v. Central R. Co. Of New JerseyCourt of Appeals for the Third Circuit · 1953
- Oneida Motor Freight, Inc. v. United Jersey BankCourt of Appeals for the Third Circuit · 1988
- Grady Allen v. Zurich Insurance CompanyCourt of Appeals for the Fourth Circuit · 1982
- In Re Fred J. Szostek, Denise M. SzostekCourt of Appeals for the Third Circuit · 1989
- Sharon Steel Corporation v. National Fuel Gas Distribution Corporation, Intervenor: James W. Toren, TrusteeCourt of Appeals for the Third Circuit · 1989
8 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Abboud v. Ground Round, Inc. (In Re Ground Round, Inc.)Court of Appeals for the First Circuit · 2007
- Walnut Associates v. SaidelDistrict Court, E.D. Pennsylvania · 1994
- In Re DayUnited States Bankruptcy Court, E.D. Pennsylvania · 1997
- In Re the Ground Round, Inc.Bankruptcy Appellate Panel of the First Circuit · 2005
- Neville v. HarrisDistrict Court, D. New Jersey · 1996
14 more not listed; retrieve them via the Exa API.