Legal Opinion
Virtual Network Services Corp. v. United States (In Re Virtual Network Services Corp.)
District Court, N.D. Illinois
Decided April 28, 1989No. 88 C 5404PublishedCited by 13 opinions
1Opinion of the Court
ZAGEL, District Judge.
Virtual Network Services Corp. (VNS) operated a long-distance telephone services company during 1985 and 1986. It fell on hard times, however; and in September of 1986 VNS sought relief under Chapter 11 of the Bankruptcy Code. VNS became a debtor-in-possession, operating its business (and administering its estate) for the benefit of its creditors. See 11 U.S.C. secs. 1107, 1108. In December of 1986, VNS sold all of its operating assets, and soon after proposed a plan of reorganization liquidating itself. See 11 U.S.C. sec. 1128(b)(4). In March of 1987, the United States,…
2Cases cited29 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Davis v. Michigan Department of the TreasurySupreme Court of the United States · 1989
- Trbovich v. United Mine WorkersSupreme Court of the United States · 1972
- United Steelworkers of America v. WeberSupreme Court of the United States · 1979
24 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- In Re Joanne G. Burns, Debtor. Joanne G. Burns v. United States of America, Acting by and Through the Internal Revenue ServiceCourt of Appeals for the Eleventh Circuit · 1989
- In the Matter of Virtual Network Services Corporation, Debtor-Appellee. Appeal of United States of AmericaCourt of Appeals for the Seventh Circuit · 1990
- Aluminum Mills Corp. Ex Rel. Official Unsecured Creditors Committee v. Citicorp North America, Inc. (In Re Aluminum Mills Corp.)United States Bankruptcy Court, N.D. Illinois · 1991
- In Re RagoUnited States Bankruptcy Court, N.D. Illinois · 1992
- In Re Pullman Construction Industries Inc.United States Bankruptcy Court, N.D. Illinois · 1990
8 more not listed; retrieve them via the Exa API.