Feldman v. Philadelphia National Bank
District Court, E.D. Pennsylvania
1Opinion of the Court
SUR PLEADINGS AND PROOF
LUONGO, District Judge.
In 1969 Leasing Consultants Incorporated (LCI or Bankrupt) purchased an aircraft with money it borrowed from The Philadelphia National Bank (PNB). As part of the transaction LCI leased the aircraft to W. A. Wheatland Associates, Inc. (Wheatland) and assigned the lease and payments thereunder to PNB as collateral for the loan. In October 1970, LCI was adjudicated bankrupt. On August 2, 1973 George Feldman, Trustee in Bankruptcy for LCI, instituted this suit against PNB to recover payments made by Wheatland to PNB after the date when LCI was…
2Cases cited23 opinions
- Rice v. Santa Fe Elevator Corp.Supreme Court of the United States · 1947
- Gibbons v. OgdenSupreme Court of the United States · 1824
- National Labor Relations Board v. Jones & Laughlin Steel Corp.Supreme Court of the United States · 1937
- Yakus v. United StatesSupreme Court of the United States · 1944
- Pennsylvania v. NelsonSupreme Court of the United States · 1956
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3Cited by18 opinions
- Bank of Lexington v. Jack Adams Aircraft Sales, Inc.Court of Appeals for the Fifth Circuit · 1978
- Investment Hotel Properties, Ltd. v. New West Federal Savings & Loan Ass'n (In Re Investment Hotel Properties, Ltd.)United States Bankruptcy Court, D. Colorado · 1990
- United States ex rel. Small Business Administration v. Friend (In re A. E. I. Corp.)United States Bankruptcy Court, E.D. Pennsylvania · 1981
- Funding Systems Asset Management Corp. v. Chemical Business Credit Corp. (In Re Funding Systems Asset Management Corp.)United States Bankruptcy Court, W.D. Pennsylvania · 1990
- General Electric Credit Corp. v. Cleary Bros. Construction Co. (In Re Cleary Bros. Construction Co.)United States Bankruptcy Court, S.D. Florida. · 1980
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