Legal Opinion
In Re Drexel Burnham Lambert Group Inc.
United States Bankruptcy Court, S.D. New York
Decided February 19, 1993No. 16-37163PublishedCited by 50 opinions
1Opinion of the Court
MEMORANDUM OF DECISION ON APPLICATION TO FILE LATE PROOF OF CLAIM
FRANCIS G. CONRAD, Bankruptcy Judge. *
This matter is before us 1 on Claimant’s motion for an order granting permission to file a late proof of claim. The issue presented is whether a debtor-guarantor, without knowledge of prepetition default that would give rise to prepetition liability, must provide actual notice of a claims bar date to a beneficiary of an unconditional guaranty. 2 We hold that under the specific facts of this case and the broad definitions of “claim” and “creditor” provided in 11 U.S.C. § 101(5) and (10),…
2Cases cited19 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- Mennonite Board of Missions v. AdamsSupreme Court of the United States · 1983
- Tulsa Professional Collection Services, Inc. v. PopeSupreme Court of the United States · 1988
- City of New York v. New York, New Haven & Hartford RailroadSupreme Court of the United States · 1953
- The MARY, Stafford, MastfSupreme Court of the United States · 1815
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3Cited by50 opinions
- Texaco Inc. v. Sanders (In Re Texaco Inc.)United States Bankruptcy Court, S.D. New York · 1995
- Zurich American Insurance v. Tessler (In Re J.A. Jones, Inc.)Court of Appeals for the Fourth Circuit · 2007
- In Re XO Communications, Inc.United States Bankruptcy Court, S.D. New York · 2003
- In Re Finley, Kumble, Wagner, HeineUnited States Bankruptcy Court, S.D. New York · 1993
- Indian Motocycle Associates, Inc. v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)District Court, S.D. New York · 1993
45 more not listed; retrieve them via the Exa API.