Legal Opinion
In the Matter of New Era, Inc., Appeals of New Era, Inc. And Phoenix Insurance Company
Court of Appeals for the Seventh Circuit
Decided February 9, 1998No. 96-2036, 96-2854PublishedCited by 32 opinions
1Opinion of the Court
POSNER, Chief Judge.
These bankruptcy appeals have a tangled history, an unbelievable present, and no future. The tale begins in 1987, when three buildings owned by the Hamiltons and rented by New Era, a company that recaps tires, burned down. New Era’s insurer, Phoenix Insurance Company, had issued it a liability policy that had a limit of $1 million. In 1989, the Hamiltons sued New Era in an Illinois state court for damage to the buildings caused by the fire, for which they held New Era responsible. Phoenix took over the defense of the suit and hired a lawyer named Hebrank to handle it. In…
2Cases cited29 opinions
- In Re William EISEN, Debtor. Richard MONEYMAKER, Appellant, v. Melvyn J. CoBEN, AppelleeCourt of Appeals for the Ninth Circuit · 1994
- Maryland Casualty Co. v. PeppersIllinois Supreme Court · 1976
- In Re MartinCourt of Appeals for the Third Circuit · 1996
- Louisiana World Exposition v. Federal Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
- In Re Christina Thompson, Debtor. Sanford A. Kowal v. Charles M. MalkemusCourt of Appeals for the First Circuit · 1992
24 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Bruce K. Cable, as Debtor in Possession v. Ivy Tech State CollegeCourt of Appeals for the Seventh Circuit · 1999
- David A. Morlan v. Universal Guaranty Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 2002
- In re W.R. Grace & Co.District Court, D. Delaware · 2012
- Scoggins v. Arrow Trucking Co.District Court, S.D. Georgia · 2000
- Hopkins v. Foothill Mountain, Inc. (In Re Hopkins)United States Bankruptcy Court, E.D. New York · 2006
27 more not listed; retrieve them via the Exa API.