Legal Opinion
Creditors Committee v. Armstrong Business Credit Corp. (In Re Saco Local Development Corp.)
Bankruptcy Appellate Panel of the First Circuit
Decided April 2, 1982No. Bankruptcy 81-9024PublishedCited by 12 opinions
1Opinion of the Court
LAWLESS, Chief Judge:
The bankruptcy court after hearings instructed the debtors herein to accept the last and final bid of N. K. L. Tanning Inc., appellee herein, to purchase certain assets of the debtors. The bid detailed the liens and encumbrances, security interest changes and restrictions to be assumed by the bidder, and stipulated that the assets be transferred to the bidder free and clear, except as to those obligations explicitly assumed by the bidder.
The court issued an order authorizing the sale, providing that final details of the sale would be approved by the court.
On April 16,…
2Cases cited8 opinions
- Van Huffel v. HarkelrodeSupreme Court of the United States · 1931
- First Nat. Bank of Cleveland v. SheddSupreme Court of the United States · 1887
- City of Louisa v. LeviCourt of Appeals for the Sixth Circuit · 1944
- Citibank, N. A. v. Data Lease Financial CorporationCourt of Appeals for the Fifth Circuit · 1981
- In Re Royal Properties, Inc.Court of Appeals for the Ninth Circuit · 1980
3 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- In Re Delaware & Hudson Railway Co.District Court, D. Delaware · 1991
- Matter of Wprv-Tv, Inc.District Court, D. Puerto Rico · 1991
- International Union, United Automobile, Aerospace & Agricultural Implement Workers v. Morse Tool, Inc.District Court, D. Massachusetts · 1988
- Mission Product Holdings, Inc. v. Old Cold, LLC (Old Cold, LLC)Bankruptcy Appellate Panel of the First Circuit · 2016
- Anheuser-Busch, Inc. v. Miller (In re Stadium Management Corp.)Court of Appeals for the First Circuit · 1990
7 more not listed; retrieve them via the Exa API.