Legal Opinion

In Re Delaware River Stevedores, Inc.

United States Bankruptcy Court, E.D. Pennsylvania

Decided July 16, 1991No. 15-16441PublishedCited by 8 opinions

1Opinion of the Court

OPINION

DAVID A. SCHOLL, Bankrutpcy Judge.

A. INTRODUCTION

The instant contested matter requires us to consider whether the automatic stay or a stay issued pursuant to 11 U.S.C. § 105(a) should be issued to prevent the United States Department of Labor (“the DOL”) from demanding payment on a letter of credit (“L/C”) issued by the Debtor’s secured lender, National Westminster Bank N.J. (“Westminster”). The L/C in issue was given by the Debtor as security for the Debtor’s participation as a self-insurer in the DOL’s Workmen’s Compensation Program (“the Program”), and the DOL demands payment…

2Cases cited35 opinions

  1. A.H. Robins Co. v. PiccininCourt of Appeals for the Fourth Circuit · 1986
  2. In The Matter Of M. Frenville Co., Inc.Court of Appeals for the Third Circuit · 1985
  3. MacArthur Co. v. Johns-Manville Corp.Court of Appeals for the Second Circuit · 1988
  4. MacArthur Co. v. Johns-Manville Corp.Supreme Court of the United States · 1988
  5. In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.Court of Appeals for the Fifth Circuit · 1988

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3Cited by8 opinions

  1. Lease-A-Fleet, Inc. v. Morse Operations, Inc. (In Re Lease-A-Fleet, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1992
  2. Official Committee of Unsecured Creditors Ex Rel. Estate of Labrum & Doak v. Bechtle (In Re Labrum & Doak, LLP)United States Bankruptcy Court, E.D. Pennsylvania · 1999
  3. In Re WalkerUnited States Bankruptcy Court, E.D. Pennsylvania · 1994
  4. In Re IzziUnited States Bankruptcy Court, E.D. Pennsylvania · 1996
  5. In Re Delaware River Stevedores, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1992

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