Legal Opinion
Shawmut Bank of Boston, N.A. v. Wheeling-Pittsburgh Steel Corp. (In Re Wheeling-Pittsburgh Steel Corp.)
District Court, W.D. Pennsylvania
Decided November 26, 1986No. Civ. A. Nos. 86-902, 86-1201, Bankruptcy No. 85-793PublishedCited by 4 opinions
1Opinion of the Court
OPINION
COHILL, Chief Judge.
I. FACTS
This is an appeal from one facet of the proceedings stemming from the Chapter 11 voluntary bankruptcy petition filed by Wheeling-Pittsburgh Steel Corporation (“Wheeling-Pitt”) on April 16, 1985. At stake is the status of secured debt issued to finance Wheeling-Pitt’s acquisition and construction of a rail mill facility at Mones-sen, Pennsylvania.
Shortly after Wheeling-Pitt filed for bankruptcy, the United States Economic Development Administration (the “EDA”) was compelled by the terms of a Guaranty Agreement to repay holders of certain secured notes, which…
2Cases cited9 opinions
- In Re Joseph C. Taddeo and Ellen A. Taddeo, Debtors. Elfriede Di Pierro v. Joseph C. Taddeo and Ellen A. Taddeo and Richard J. McCord Interim TrusteeCourt of Appeals for the Second Circuit · 1982
- In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
- GRUNDY NATIONAL BANK, Appellant, v. TANDEM MINING CORPORATION; Jerry Marshall Lester; Benny Joe Burks, AppelleesCourt of Appeals for the Fourth Circuit · 1985
- In Re McNeelyUnited States Bankruptcy Court, D. Utah · 1985
- Earl Realty, Inc. v. Leonetti (In Re Leonetti)District Court, E.D. Pennsylvania · 1983
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3Cited by4 opinions
- Pension Benefit Guaranty Corp. v. LTV Corp. (In Re Chateaugay Corp.)District Court, S.D. New York · 1988
- In Re Charles & Lillian Brown's Hotel, Inc.United States Bankruptcy Court, S.D. New York · 1988
- United States v. ML Barge Pool VII Partners—Series a (In Re ML Barge Pool VII Partners—Series A)District Court, E.D. Missouri · 1989
- McLean Thomas, Inc. v. FLR Co. (In re FLR Co.)District Court, W.D. Pennsylvania · 1987