Legal Opinion

In Re Microwave Products of America, Inc.

United States Bankruptcy Court, W.D. Tennessee

Decided July 21, 1989No. 19-21529PublishedCited by 29 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER ON MOTION FOR APPOINTMENT OF TRUSTEE

BERNICE BOUIE DONALD, Bankruptcy Judge.

The above-styled core proceeding 1 came on for hearing on motion of the unsecured creditors’ committee and Litton Industries, a secured creditor and party-in-interest, to appoint a trustee. The issue for judicial determination is whether cause exists pursuant to 11 U.S.C. § 1104(a)(1) for the appointment of a trustee, or whether under 11 U.S.C. § 1104(a)(2) it is in the best interest of creditors and the estate to appoint a trustee. The movants have alleged as grounds for the appointment of…

2Cases cited30 opinions

  1. Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
  2. Meinhard v. SalmonNew York Court of Appeals · 1928
  3. Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
  4. Wolf v. WeinsteinSupreme Court of the United States · 1963
  5. In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989

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3Cited by29 opinions

  1. Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
  2. In Re Ionosphere Clubs, Inc.United States Bankruptcy Court, S.D. New York · 1990
  3. In Re Adelphia Communications Corp.United States Bankruptcy Court, S.D. New York · 2006
  4. In Re the 1031 Tax Group, LLCUnited States Bankruptcy Court, S.D. New York · 2007
  5. Finney v. SmithDistrict Court, E.D. Virginia · 1992

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