Legal Opinion

In Re Stern-Slegman-Prins Co.

United States Bankruptcy Court, W.D. Missouri

Decided May 19, 1988No. 18-43297PublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

KAREN M. SEE, Bankruptcy Judge.

Pending is debtors’ Second Amended Plan of Reorganization. 1 Debtors are substantively consolidated. At issue is a provision to subordinate claims arising under two stock repurchase agreements entered into August 3, 1965 between debtor Stem-Slegman-Prins Company (“Stem-Sleg-man”) and shareholders Arthur Mag and Ferdinand Stem. The trustees of the Stern estate, Boatmen’s First National Bank and Donald Chisholm (“Trustees”), object to subordination and voted against the plan. The subordination proposal resulted from last minute…

2Cases cited27 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
  3. Wegner v. GrunewaldtCourt of Appeals for the Eighth Circuit · 1987
  4. In Re Flight Transportation Corporation Securities LitigationCourt of Appeals for the Eighth Circuit · 1984
  5. In re Fechheimer Fisher Co.Court of Appeals for the Second Circuit · 1914

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3Cited by12 opinions

  1. In Re Montgomery Ward Holding Corp.United States Bankruptcy Court, D. Delaware · 2001
  2. In Re Blondheim Real Estate, Inc.United States Bankruptcy Court, D. New Hampshire · 1988
  3. In Re Public Service Co. of New HampshireUnited States Bankruptcy Court, D. New Hampshire · 1991
  4. In Re SPM Manufacturing Corp.United States Bankruptcy Court, D. Massachusetts · 1994
  5. In Re: Betacom of Phoenix, Inc. Debtor. American Broadcasting Systems, Inc., a Delaware Corporation Beta Communications, Inc., an Arizona Corporation Betacom of Phoenix, Inc., an Arizona Corporation v. F. Patrick Nugent Anita Nugent, in Re: Betacom of Phoenix, Inc. Debtor. American Broadcasting Systems, Inc., a Delaware Corporation Beta Communications, Inc., an Arizona Corporation Betacom of Phoenix, Inc., an Arizona Corporation v. F. Patrick Nugent Anita Nugent, in Re: Betacom of Phoenix, Inc., Dba Kvva-Am in Re: Betacom Communications, Inc., Dba Kvva-Fm American Broadcasting Systems, Inc., Appellees-Appellants Betacom of Phoenix, Inc., Dba Kvva-Am Betacom Communications, Inc., Dba Kvva-Fm American Broadcasting Systems, Inc. v. Scott Burton Edward Knight, Movants, in Re: Betacom Communications, Inc., Dba Kvva-Fm in Re: Betacom of Phoenix, Inc., Dba Kvva-Am in Re: American Broadcasting Systems, Inc., Debtors. Edward Knight, Movant Scott Burton, Movant, Appellants-Appellees v. In Re: Betacom of Phoenix, Inc., Dba Kvva-Am in Re: Betacom Communications, Inc., Dba Kvva-Fm American Broadcasting Systems, Inc., Appellees-AppellantsCourt of Appeals for the Ninth Circuit · 2001

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