Legal Opinion

In Re Adu-Kofi

United States Bankruptcy Court, D. Rhode Island

Decided December 8, 1988No. Bankruptcy 8800363PublishedCited by 7 opinions

1Opinion of the Court

DECISION

ARTHUR N. YOTOLATO, Jr., Bankruptcy Judge.

The issue before the Court was raised at a pretrial conference held on October 13, 1988. The controversy involves the enforceability of the prepayment provision contained in the debtors’ promissory note with Colonial Bank. After hearing the respective positions of the parties, counsel were requested to submit memoranda on the limited issue of whether Colonial’s decision to accelerate, once made, was irrevocable. Thereafter, during a hearing held on November 23, 1988, the parties argued the acceleration question and also responded to our…

2Cases cited3 opinions

  1. In the Matter of Lhd Realty Corporation, Debtor. Appeal of National Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 1984
  2. Matter of LaPagliaUnited States Bankruptcy Court, E.D. New York · 1981
  3. Berenato v. Bell Savings & Loan Ass'nSuperior Court of Pennsylvania · 1980

3Cited by7 opinions

  1. U.S. Bank Trust National Ass'n v. American Airlines, Inc. (In re AMR Corp.)United States Bankruptcy Court, S.D. New York · 2013
  2. In Re Solutia Inc.United States Bankruptcy Court, S.D. New York · 2007
  3. Swoboda v. Wilshire Credit Corp., Texas Court of Appeals, 13th District1998
  4. Jatera Corporation v. US Bank National AssoCourt of Appeals for the Fifth Circuit · 2019
  5. Callan v. Deutsche Bank Trust Co. AmericasDistrict Court, S.D. Texas · 2015

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