Legal Opinion
In Re GONIC REALTY TRUST, Debtor. Appeal of GONIC REALTY TRUST
Court of Appeals for the First Circuit
Decided July 26, 1990No. 89-1878PublishedCited by 83 opinions
1Opinion of the Court
TORRUELLA, Circuit Judge.
This is an appeal from an order of the United States District Court for the District of New Hampshire affirming the Bankruptcy Court’s dismissal of the debt- or’s Chapter 11 petition and the retention in escrow of $90,000 of debtor’s assets until resolution of a law suit pending in the Supreme Court of New York. 11 U.S.C. § 101 et seq. For the reasons expressed below we affirm.
FACTS
In 1985, Gonic Realty Trust (“Gonic”) filed a plan for reorganization under Chapter 11 of the United States Bankruptcy Code. During the course of these proceedings its principal assets and…
2Cases cited14 opinions
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- In the Matter of Louis R. Koerner, Jr., in the Matter of Louis R. Koerner, Jr., Debtor. Louis R. Koerner, Jr. v. Colonial BankCourt of Appeals for the Fifth Circuit · 1986
- In Re SchlangenUnited States Bankruptcy Court, N.D. Illinois · 1988
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3Cited by83 opinions
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- In Re Orbit Petroleum, Inc.United States Bankruptcy Court, D. New Mexico · 2008
- Moe v. WiseCourt of Appeals of Washington · 1999
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