Legal Opinion

Matter of Stratton Group, Ltd.

United States Bankruptcy Court, S.D. New York

Decided July 9, 1981No. 18-09030PublishedCited by 8 opinions

1Opinion of the Court

OPINION

ROY BABITT, Bankruptcy Judge:

In 1973, pursuant to Section 322 of the Bankruptcy Act of 1898, 11 U.S.C. (1976 ed.) § 722, the debtor, The Stratton Group, Ltd. (hereinafter known as Stratton) filed its Chapter XI petition with this court.

On July 28, 1975, an order was entered confirming the plan proposed by Stratton and accepted by its creditors. That plan provided that unsecured creditors would receive 35% of their claims, 2½% payable in cash upon confirmation of the plan, 6% payable on January 15, 1976. The remaining 26½% was to be paid over a four year period.

Stratton made the…

2Cases cited12 opinions

  1. Lorillard v. PonsSupreme Court of the United States · 1978
  2. Leist v. SimplotCourt of Appeals for the Second Circuit · 1980
  3. Moers v. . MoersNew York Court of Appeals · 1920
  4. Hardie v. Swafford Bros. Dry Goods Co.Court of Appeals for the Fifth Circuit · 1908
  5. In re LaneDistrict Court, D. Massachusetts · 1902

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3Cited by8 opinions

  1. Board of County Commissioners v. Coleman American Properties, Inc. (In Re American Properties, Inc.)United States Bankruptcy Court, D. Kansas · 1983
  2. Matter of DepewUnited States Bankruptcy Court, N.D. Indiana · 1990
  3. Minstar, Inc. v. Plastech Research, Inc. (In Re Arctic Enterprises, Inc.)District Court, D. Minnesota · 1986
  4. Patterson Dental Co. v. Mendoza (In Re Mendoza)United States Bankruptcy Court, S.D. California · 1982
  5. In Re Jordan Manufacturing Co.United States Bankruptcy Court, C.D. Illinois · 1992

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