Legal Opinion
Bank of Boston Connecticut v. Century Brass Products, Inc. (In re Century Brass Products, Inc.)
United States Bankruptcy Court, D. Connecticut
Decided February 21, 1989No. Bankruptcy No. 2-85-00197; Motion No. 2-87-0250MPublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OF DECISION ON MOTION OF BANK OF BOSTON CONNECTICUT FOR RELIEF FROM AUTOMATIC STAY
ROBERT L. KRECHEVSKY, Chief Judge.
I
The principal issue presented in this proceeding is the right of a bank, two and one-half years after the filing of a bankruptcy petition (petition), to select against which of two pre-petition obligations of the debtor the bank may set off funds on deposit in the debtor’s bank accounts on the petition date. A further question is whether the bank should credit appropriate interest to these funds from the date of the petition to the date of setoff. The appearing…
2Cases cited9 opinions
- In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.Court of Appeals for the Second Circuit · 1979
- In Re Applied Logic Corporation, Bankrupt. New Jersey National Bank v. Daniel Gutterman, as Trustee of Applied Logic Corporation, BankruptCourt of Appeals for the Second Circuit · 1978
- In Re BrittonUnited States Bankruptcy Court, E.D. North Carolina · 1988
- American Woolen Co. v. MaagetSupreme Court of Connecticut · 1912
- Sullivan v. Merchants National BankSupreme Court of Connecticut · 1928
4 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- First Connecticut Small Business Investment Co. v. Bank of Boston Connecticut (In Re First Connecticut Small Business Investment Co.)United States Bankruptcy Court, D. Connecticut · 1990