In Re Schick
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION REGARDING OBJECTION TO CLAIMS AND CROSS-MOTION FOR RELIEF FROM THE AUTOMATIC STAY
STUART M. BERNSTEIN, Bankruptcy Judge.
The chapter 11 trustee objects to the claims of Arnav Industries, Inc. Employee Retirement Trust (“Arnav”) in the amount of $4,828,275.03, and Rochel Properties, Inc. (“Rochel”) in the sum of $11,823,-044.62 (Arnav and Rochel are referred to collectively as the “Claimants”). The trustee relies on a prepetition judgment and related stipulation, described below, that limit the aggregate claims of Arnav and Rochel to approximately $2 million.
In response, the…
2Cases cited28 opinions
- In Re Sonnax Industries, Inc., Debtor. Sonnax Industries, Inc. v. Tri Component Products Corp.Court of Appeals for the Second Circuit · 1990
- Channel Master Corp. v. Aluminium Limited Sales, Inc.New York Court of Appeals · 1958
- Allen v. Westpoint-Pepperell, Inc.Court of Appeals for the Second Circuit · 1991
- Banque Arabe et Internationale D'Investissement v. Maryland National BankCourt of Appeals for the Second Circuit · 1995
- George Backer Management Corp. v. Acme Quilting Co.New York Court of Appeals · 1978
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