In Re Bjolmes Realty Trust
United States Bankruptcy Court, D. Massachusetts
1Opinion of the Court
OPINION
JAMES F. QUEENAN, Jr., Chief Judge.
Bjolmes Realty Trust (the “Debtor”) moves for court approval of the disclosure statement for its chapter 11 plan. The Federal Deposit Insurance Corporation (“FDIC”), the holder of a first mortgage, opposes the motion on the ground that the plan improperly places the unsecured portion of its claim in a class separate from trade debt. On the' assumption that it will vote that unsecured portion against the plan, the FDIC also objects to the Debtor’s principals retaining their stock for an additional capital contribution. It contends that the plan cannot…
2Cases cited34 opinions
- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
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- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
- Beal Bank, SSB v. Waters Edge Limited PartnershipDistrict Court, D. Massachusetts · 2000
- In Re Cantonwood Associates Ltd. PartnershipUnited States Bankruptcy Court, D. Massachusetts · 1992
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