Legal Opinion

In Re Hammond

United States Bankruptcy Court, W.D. Oklahoma

Decided November 14, 1983No. 15-10479PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM DECISION AND ORDER

ROBERT L. BERRY, Bankruptcy Judge.

The question presented in this matter is a narrow one: Are future annual installment payments, due under an anti-competition clause, “property of the estate” pursuant to 11 U.S.C. § 541. A brief summary of the underlying facts is appropriate.

Ronald W. Hammond, debtor in possession (hereinafter “Hammond”), owned a thirty percent interest in Sooner Chemical Specialities (hereinafter “Sooner”). On October 1, 1981, PQ Corporation (hereinafter “PQ”) entered into a Contract for Sale and Purchase of Corporate Stock with Sooner and its…

2Cases cited14 opinions

  1. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  2. Segal v. RochelleSupreme Court of the United States · 1966
  3. Kokoszka v. BelfordSupreme Court of the United States · 1974
  4. In the Matter of Roy Stewart Nunnally, Bankrupt. Mary Elizabeth Nunnally, Appellant-Cross v. Roy Stewart Nunnally, Appellee-CrossCourt of Appeals for the Fifth Circuit · 1975
  5. Fisher v. CushmanCourt of Appeals for the First Circuit · 1900

9 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Walden v. McGinnesCourt of Appeals for the Fifth Circuit · 1994
  2. In Re BlumanUnited States Bankruptcy Court, E.D. New York · 1991
  3. Andrews v. Riggs National Bank (In re Andrews)Court of Appeals for the Fourth Circuit · 1996
  4. Johnson v. Taxel (In Re Johnson)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1995
  5. United States v. Jones (In Re Jones)District Court, D. Kansas · 1995

9 more not listed; retrieve them via the Exa API.

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