In Re Orlando Tennis World Development Co., Inc.
United States Bankruptcy Court, M.D. Florida
1Opinion of the Court
MEMORANDUM OPINION
GEORGE L. PROCTOR, Bankruptcy Judge.
In 1977, the debtor entered into a mortgage “spreader agreement” creating, among other interests, a mortgage lien on certain real property. The agreement was assigned to Wells Fargo on May 7, 1979. The parties continued according to the terms of the agreement until January, 1982, at which time the debtor withheld the entire interest payment due. The non-payment, by debtor’s own admission, was intended as a renegotiation tactic, and did not result from an inability to pay. On April 15, 1982, Wells Fargo accelerated the indebtedness,…
2Cases cited7 opinions
- Quinn Plumbing Co. Inc. v. New Miami Shores Corp.Supreme Court of Florida · 1930
- Midland Mutual Life Insurance v. Masnorth Corp. (In Re Masnorth Corp.)United States Bankruptcy Court, N.D. Georgia · 1983
- In Re Saint Peter's SchoolUnited States Bankruptcy Court, S.D. New York · 1982
- In Re Madison Hotel AssociatesDistrict Court, W.D. Wisconsin · 1983
- Ketchikan Lodge No. 1429, Benevolent & Protective Order of Elks v. Hewitt (In Re Hewitt)United States Bankruptcy Court, D. Alaska · 1982
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3Cited by6 opinions
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- In Re Manville Forest Products Corp.United States Bankruptcy Court, S.D. New York · 1984
- In Re Southeast Co.United States Bankruptcy Appellate Panel for the Ninth Circuit · 1987
- Matter of Arlington Village Partners, Ltd.United States Bankruptcy Court, S.D. Ohio · 1986
- In Re SweetUnited States Bankruptcy Court, D. Colorado · 2007
1 more not listed; retrieve them via the Exa API.