Legal Opinion

In Re American International Airways, Inc.

United States Bankruptcy Court, E.D. Pennsylvania

Decided September 2, 1987No. 14-19726PublishedCited by 28 opinions

1Opinion of the Court

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

The instant matter before the Court presents a difficult question concerning the right of an administrative claimant to interest; and, assuming that such interest is payable, relatively easy questions regarding the rate of such interest and whether payment of such interest may be ordered to be made immediately, or should be deferred until the effective date of the Plan. We conclude that, while generally interest would not be payable to an administrative claimant in the absence of a contract, the unusual circumstances of this case, e.g., a district…

2Cases cited35 opinions

  1. Nicholas v. United StatesSupreme Court of the United States · 1966
  2. United States v. Friendship College, Inc., in Re Friendship College, Inc., DebtorCourt of Appeals for the Fourth Circuit · 1984
  3. Benefit Trust Life Insurance Company v. Union National Bank Of PittsburghCourt of Appeals for the Third Circuit · 1985
  4. Razorback Ready-Mix Concrete Co. v. United States (In Re Razorback Ready-Mix Concrete Co.)United States Bankruptcy Court, E.D. Arkansas · 1984
  5. Chancellor v. Superior Court of California for the County of OrangeSupreme Court of the United States · 1982

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3Cited by28 opinions

  1. In Re Mark Anthony Construction, Inc., Debtor. United States of America v. Ian Ledlin, TrusteeCourt of Appeals for the Ninth Circuit · 1989
  2. Frascatore v. Secretary of Housing & Urban Development (In Re Frascatore)United States Bankruptcy Court, E.D. Pennsylvania · 1989
  3. In Re Philadelphia Mortgage TrustUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
  4. Philadelphia Consumer Discount Co. v. Gurst (In Re Gurst)United States Bankruptcy Court, E.D. Pennsylvania · 1987
  5. In Re Leedy Mortg. Co., Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1990

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