Legal Opinion

Mark IV Properties, Inc. v. Club Development & Management Corp. (In Re Club Development & Management Corp.)

United States Bankruptcy Appellate Panel for the Ninth Circuit

Decided December 1, 1982No. BAP No. SC-82-1030HGE, Bankruptcy No. 8100176-MPublishedCited by 25 opinions

1Opinion of the Court

OPINION

HUGHES, Bankruptcy Judge:

This is an appeal from an order authorizing the debtor to pay salaries to corporate employees in an inactive Chapter 11 case. We reverse.

I

Club Development and Management Corporation, (CDMC) and Mark IV, Inc. formed a joint venture to operate Pala Mesa Resort in January 1980, with each owning a 50% interest, CDMC is owned by the Leonard family members, who are its officers, directors and shareholders. The Leonards were employed by the joint venture to manage the resort, and receive salaries from the joint venture. They did not receive any salary from CDMC.

Pursuan…

2Cases cited10 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. Twin-Lick Oil Co. v. MarburySupreme Court of the United States · 1876
  3. Southern Pacific Co. v. BogertSupreme Court of the United States · 1919
  4. Geddes v. Anaconda Copper Mining Co.Supreme Court of the United States · 1921
  5. Jackson v. LudelingSupreme Court of the United States · 1874

5 more not listed; retrieve them via the Exa API.

3Cited by25 opinions

  1. Matter of Patch GraphicsUnited States Bankruptcy Court, W.D. Wisconsin · 1986
  2. Matter of Baldwin-United Corp.District Court, S.D. Ohio · 1984
  3. In Re D.W.G.K. Restaurants, Inc.United States Bankruptcy Court, S.D. California · 1988
  4. National Union Fire Insurance v. VP Buildings, Inc.Court of Appeals for the Sixth Circuit · 2010
  5. Solow v. American Airlines, Inc. (In Re Midway Airlines, Inc.)United States Bankruptcy Court, N.D. Illinois · 1998

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