Legal Opinion
ICL Holding Co., Inc. v.
Court of Appeals for the Third Circuit
Decided September 14, 2015No. 14-2709PublishedCited by 33 opinions
1Opinion of the Court
OPINION OF THE COURT
AMBRO, Circuit Judge.
11 U.S.C. § 363 allows a debtor to sell substantially all of its assets outside a plan of reorganization. In modern bankruptcy practice, it is the tool of choice to put a quick close to a bankruptcy ease. It. avoids time, expense, and, some would say, the Bankruptcy Code’s unbending rules. The issue at the core of this appeal, which arises from such a sale, is whether certain payments by a § 363 purchaser (here an entity formed by the secured lenders of the debtors) in connection with acquiring the debtors’ assets should be distributed according to the…
2Cases cited18 opinions
- Chafin v. ChafinSupreme Court of the United States · 2013
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- Knox v. Service Employees International Union, Local 1000Supreme Court of the United States · 2012
- In Re MartinCourt of Appeals for the Third Circuit · 1996
- In Re Samuel William SAX, Debtor, Appeal of THREE RIVERS MARINE SERVICE, INC.Court of Appeals for the Seventh Circuit · 1986
13 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Energy Future Holdings v.Court of Appeals for the Third Circuit · 2020
- Susan Brown v. Douglas EllmannCourt of Appeals for the Sixth Circuit · 2017
- Schepis v. Burtch (In Re Pursuit Capital Management, LLC)Court of Appeals for the Third Circuit · 2017
- Boy Scouts of America and Delaware BSA LLC v.Court of Appeals for the Third Circuit · 2025
- Trinity 83 Development LLC v. Colfin Midwest Funding LLCCourt of Appeals for the Seventh Circuit · 2019
28 more not listed; retrieve them via the Exa API.