Legal Opinion
In the Matter of Excello Press, Inc., Debtor. Appeal of Metlife Capital Credit Corporation
Court of Appeals for the Seventh Circuit
Decided December 28, 1989No. 88-2726PublishedCited by 29 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Secured creditors are usually the lucky ones in a bankruptcy proceeding, for they can turn to specific assets to satisfy their claims rather than joining the queue of claimants. Many times, however, the creditor is under-secured and must join the unsecured creditors to get back a portion of what is still owed. This case is about what such a creditor must do to share in the remaining assets.
I
Excello Press was a commercial printer in Elk Grove, Illinois; now it is a bankrupt. It filed under Chapter 11 in October 1985. Having tried, and failed, to sell the business,…
2Cases cited41 opinions
- In the Matter of MORSE ELECTRIC COMPANY, INC., Debtor. Appeal of HOOSIER FENCE COMPANY, INC.Court of Appeals for the Seventh Circuit · 1986
- In Re Ebbler Furniture and Appliances, Inc., Debtor. Donald Samson, Trustee v. Alton Banking & Trust Co.Court of Appeals for the Seventh Circuit · 1986
- In the Matter of Marhoefer Packing Company, Inc., Bankrupt, Appeal of Robert Reiser & Company, Inc., CreditorCourt of Appeals for the Seventh Circuit · 1982
- In Re Zsa Zsa LimitedDistrict Court, S.D. New York · 1972
- Chase Manhattan Bank, N. A. v. NatarelliNew York Supreme Court · 1977
36 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
- In the Matter of Arlo B. Edwards, Debtor-Appellee. Appeal of Golden Guernsey Dairy Co-OpCourt of Appeals for the Seventh Circuit · 1992
- Primavera Familienstifung v. AskinDistrict Court, S.D. New York · 2001
- In the Matter of Wiredyne, Inc., Debtor. Appeal of Tamalou Williams, TrusteeCourt of Appeals for the Seventh Circuit · 1993
- Gaynor v. Union Trust Co.Supreme Court of Connecticut · 1990
24 more not listed; retrieve them via the Exa API.