Legal Opinion
In Re Keystone Surplus Metals, Inc.
United States Bankruptcy Court, E.D. Pennsylvania
Decided December 7, 2010No. 16-12844Published
1Opinion of the Court
OPINION
STEPHEN RASLAVICH, Chief Judge.
Introduction.
Factual Background
On October 3, 2008, Keystone filed a Voluntary Petition for Relief under Chapter 11 of the Bankruptcy Code. The Mov-ant signed the Petition as the President of Keystone. According to the List of Equity Holders for the Debtor, the Movant is a fifty percent (50%) shareholder of Keystone. See also Transcript, dated October 26, 2010 (“Tr.”), at H (Movant testified that he was a “50 percent shareholder and the President” of the Debtor).
On the same day that Keystone filed its bankruptcy case, it also filed a motion for the interim…
2Cases cited8 opinions
- In Re Roth American, Inc., Debtor. Teamsters Local Union No. 401 Health & Welfare Fund International Brotherhood of Teamsters, Local 401Court of Appeals for the Third Circuit · 1992
- Committee of Asbestos-Related Litigants and/or Creditors v. Johns-Manville Corp. (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1986
- In Re MassettiUnited States Bankruptcy Court, E.D. Pennsylvania · 1989
- Matter of Concrete Products, Inc.United States Bankruptcy Court, S.D. Georgia · 1996
- Rajala v. Langer (In Re Lodge America, Inc.)District Court, D. Kansas · 2001
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