Legal Opinion
Iseberg v. Exchange National Bank & Trust Co. of Chicago (In Re Wilmette Partners)
United States Bankruptcy Court, N.D. Illinois
Decided November 30, 1983No. 19-05356PublishedCited by 18 opinions
1Opinion of the Court
MEMORANDUM OPINION
FREDERICK J. HERTZ, Bankruptcy Judge.
I
The issues presented in this controversy principally revolve around the interpretation and applicability of the provisions contained in 11 U.S.C. § 362(e) (Supp. V 1981). Specifically, this case involves a situation where a creditor conducted the sale of a parcel of real estate without seeking court approval. The creditor relies on a literal interpretation of Section 362(e) in maintaining that the sale was valid. Implicit in the creditor’s conclusion is the proposition that a stay automatically terminates when a court fails to act in a…
2Cases cited9 opinions
- Borg-Warner Acceptance Corporation v. Alvin Dewayne Hall and Beverly Jane Hall, A/K/A Beverly Jane CantinCourt of Appeals for the Eleventh Circuit · 1982
- General Electric Credit Corp. v. QPL Components, Inc. (In Re QPL Components, Inc.)United States Bankruptcy Court, E.D. New York · 1982
- Navajo Tribe v. Sandmar Corp. (In Re Sandmar Corp.)United States Bankruptcy Court, D. New Mexico · 1981
- Memphis Bank & Trust Co. v. BrooksDistrict Court, W.D. Tennessee · 1981
- International Harvester Co. v. Kleinsasser (In Re Kleinsasser)United States Bankruptcy Court, D. South Dakota · 1981
4 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re Wedgewood Realty Group, Ltd. Wedgewood Investment Fund, Ltd. v. Wedgewood Realty Group, LtdCourt of Appeals for the Third Circuit · 1989
- In Re McNeelyUnited States Bankruptcy Court, D. Utah · 1985
- Whitaker v. Baxter (In Re Whitaker)United States Bankruptcy Court, S.D. Georgia · 2006
- In Re Orfa Corp. of PhiladelphiaDistrict Court, E.D. Pennsylvania · 1994
- JE Livestock, Inc. v. Wells Fargo Bank, N.A. (In Re JE Livestock, Inc.)Bankruptcy Appellate Panel of the Tenth Circuit · 2007
13 more not listed; retrieve them via the Exa API.