Legal Opinion
In Re 801 South Wells Street Ltd. Partnership
United States Bankruptcy Court, N.D. Illinois
Decided March 1, 1996No. 19-05633PublishedCited by 21 opinions
1Opinion of the Court
MEMORANDUM OPINION
ERWIN I. KATZ, Bankruptcy Judge.
This case presents the question of whether the Court, in an involuntary proceeding under § 303, should retain jurisdiction to resolve a dispute between junior and senior mortgagees over the entrepreneurial opportunity to redevelop the Debtor’s sole asset, an apartment building. Resolution of the dispute will not affect either the Debtor or the estate, since the Debtor has stipulated that it has no equity in the building and no intent to reorganize. There are no unsecured creditors except for the Debtor’s principals.
This matter is before the…
2Cases cited34 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Bank of Columbia v. OkelySupreme Court of the United States · 1819
- In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
- 17 Collier bankr.cas.2d 230, Bankr. L. Rep. P 71,695 in the Matter of Xonics, Inc., Debtors. Elscint, Inc., and Elscint Imaging, Inc. v. First Wisconsin Financial CorporationCourt of Appeals for the First Circuit · 1987
- In the Matter of Chicago, Rock Island and Pacific Railroad Company, Debtor. Appeal of Sanborn Cooperative Grain Company, Chicago Pacific CorporationCourt of Appeals for the Seventh Circuit · 1986
29 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- In re Costa Bonita Beach Resort Inc.United States Bankruptcy Court, D. Puerto Rico · 2012
- In Re RCM Global Long Term Capital Appreciation Fund, Ltd.United States Bankruptcy Court, S.D. New York · 1996
- In Re Amc Investors, LLCUnited States Bankruptcy Court, D. Delaware · 2009
- In Re Mountain Dairies, Inc.United States Bankruptcy Court, S.D. New York · 2007
- In Re Paper I Partners, L.P.United States Bankruptcy Court, S.D. New York · 2002
16 more not listed; retrieve them via the Exa API.