Legal Opinion

In Re DN Associates

United States Bankruptcy Court, D. Maine

Decided August 20, 1992No. 19-10064PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

JAMES B. HAINES, Jr., Bankruptcy Judge.

On April 17, 1992, this court confirmed a plan of reorganization proposed by Casco Northern Bank, N.A. (“Casco”), and Laurence A. and Patricia A. Kenny (the “Ken-nys”). The Casco/Kenny plan provided an immediate one hundred percent cash dividend to unsecured creditors, satisfied the proponents’ claims 1 and eliminated the interests of DN’s general partner and limited partners. 2 The plan provides for full payment of all priority claims, including allowed professional fees and expenses. 3

Before the court are final applications for…

2Cases cited27 opinions

  1. Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
  2. Wolf v. WeinsteinSupreme Court of the United States · 1963
  3. In Re Kendavis Industries International, Inc.United States Bankruptcy Court, N.D. Texas · 1988
  4. In Re SaturleyUnited States Bankruptcy Court, D. Maine · 1991
  5. In Re Boston and Maine Corporation, Debtor v. Ralph J. Moore, Jr.Court of Appeals for the First Circuit · 1985

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3Cited by8 opinions

  1. Casco Northern Bank, N.A. v. DN AssociatesCourt of Appeals for the First Circuit · 1993
  2. In Re JLM, Inc.Bankruptcy Appellate Panel of the Second Circuit · 1997
  3. In Re DN AssociatesUnited States Bankruptcy Court, D. Maine · 1994
  4. In Re Delta Petroleum (P.R.), Ltd.District Court, D. Puerto Rico · 1996
  5. In Re RiversUnited States Bankruptcy Court, N.D. Georgia · 1994

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