In Re Best Products Co., Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION ON MOTION OF IBM CREDIT CORPORATION FOR ADEQUATE PROTECTION
BURTON R. LIFLAND, Chief Judge.
This controversy involves the quest for a lump sum elevated priority adequate protection payment favoring a secured creditor pursuant to a motion brought substantially after the surrender and return of the collateral to the secured creditor,
BACKGROUND 1
On January 4,1991 (the “Petition Date”), Best Products Co., Inc. (“Best”) and certain of its affiliates (the “Debtors”) filed voluntary petitions under chapter 11 of the Bankruptcy Code. Since the Petition Date, the Debtors have…
2Cases cited12 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- GRUNDY NATIONAL BANK, Appellant, v. TANDEM MINING CORPORATION; Jerry Marshall Lester; Benny Joe Burks, AppelleesCourt of Appeals for the Fourth Circuit · 1985
- Metropolitan Life Insurance v. Monroe Park (In Re Monroe Park)District Court, D. Delaware · 1982
- In Re AdamsUnited States Bankruptcy Court, M.D. Florida · 1980
- First State Bank v. Advisory Information & Management Systems, Inc. (In Re Advisory Information & Management Systems, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1985
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