Legal Opinion

In Re Draughon Training Institute, Inc.

United States Bankruptcy Court, W.D. Louisiana

Decided June 18, 1990No. 19-10186PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM RULING AND ORDER

STEPHEN V. CALLAWAY, Chief Judge.

The debtors-in-possession in these cases (hereinafter collectively referred to as “Draughon”), operate a number of proprietary schools in Texas, Louisiana and Mississippi. Draughon seeks to sell these schools to W.E. Walker, Inc., a Mississippi corporation (hereinafter “Walker”). The sale is contingent upon Walker’s receiving licensing and accreditation from various state and federal agencies and private accreditation associations. Without such licenses and accreditation, Walker cannot participate in federal educational programs, and…

2Cases cited10 opinions

  1. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  2. Gerald W. Moody, and Jermoo's Incorporated, Debtors-In-Possession, Plaintiffs v. Amoco Oil CompanyCourt of Appeals for the Seventh Circuit · 1984
  3. In Re Farmers Markets, Inc., Debtors. State of California, State Board of Equalization, and Employment Development Department v. Farmers Markets, Inc., in Re Dick and Carleen Brink, Debtors. State of California, State Board of Equalization, and Employment Development Department v. Sy v. BrownCourt of Appeals for the Ninth Circuit · 1986
  4. Beker Industries Corp. v. Florida Land & Water Adjudicatory Commission (In Re Beker Industries Corp.)United States Bankruptcy Court, S.D. New York · 1986
  5. In Re BaquetUnited States Bankruptcy Court, D. Montana · 1986

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3Cited by8 opinions

  1. Wyoming Department of Transportation v. Straight (In Re Straight)Court of Appeals for the Tenth Circuit · 1998
  2. In Re BillingsleyUnited States Bankruptcy Court, D. New Jersey · 2002
  3. Blue Diamond Coal Co. v. Angelucci (In Re Blue Diamond Coal Co.)United States Bankruptcy Court, E.D. Tennessee · 1992
  4. In Re Horizon Air, Inc.District Court, N.D. New York · 1993
  5. Integrated Solutions, Inc. v. Service Support Specialties, Inc.District Court, D. New Jersey · 1996

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