Legal Opinion

NRT Metals, Inc. v. Manhattan Metals (Non-Ferrous) Ltd.

District Court, S.D. New York

Decided December 7, 1983No. 80 Civ. 7125 (RLC)PublishedCited by 9 opinions

1Opinion of the Court

OPINION.ROBERT L. CARTER, District Judge.

Plaintiff, NRT Metals, Inc. (“NRT”), a New York corporation, is being voluntarily liquidated without court process. It has brought this declaratory judgment action against Manhattan Metals, Ltd. (“Manhattan”), Albourne Partners, Leicester Partners, and Worcester Partners (“the partnerships”) to determine whether, as plaintiffs argue, defendants are to be treated as general creditors under the Liquidation Plan adopted by NRT, or as preferred creditors, as defendants urge. 1 For the reasons below, the Court finds that defendants were improperly…

2Cases cited10 opinions

  1. Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
  2. Hill v. WallaceSupreme Court of the United States · 1922
  3. 1 Collier bankr.cas.2d 42, Bankr. L. Rep. P 67,033 Ralph I. Selby, Trustee in Bankruptcy for the Frimberger Corporation v. Ford Motor CompanyCourt of Appeals for the Sixth Circuit · 1979
  4. Commodity Futures Trading Commission v. Co Petro Marketing Group, Inc., a California Corporation Harold D. Goldstein and Michael Bradley KrivacekCourt of Appeals for the Ninth Circuit · 1982
  5. Leist v. SimplotCourt of Appeals for the Second Circuit · 1980

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3Cited by9 opinions

  1. George Lamborn, Henry Maringer, and Lamar Commodities, a Partnership v. Thomas H. Dittmer and Dittmer International, Inc.Court of Appeals for the Second Circuit · 1989
  2. Commodity Futures Trading Commission v. International Financial Services (New York), Inc.District Court, S.D. New York · 2004
  3. Bank Brussels Lambert, S.A. v. Intermetals Corp.District Court, S.D. New York · 1991
  4. Transnor (Bermuda) Ltd. v. BP North America PetroleumDistrict Court, S.D. New York · 1990
  5. John Wiley & Sons, Inc. v. DRK PhotoDistrict Court, S.D. New York · 2014

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