Matter of Embrace Systems Corp.
United States Bankruptcy Court, W.D. Michigan
1Opinion of the Court
OPINION REGARDING DEBTOR’S AMENDED MOTION FOR LEAVE TO ASSUME AMENDED EXECUTORY CONTRACT
JAMES D. GREGG, Bankruptcy Judge.
I. ISSUES
In this chapter 11 case, should the court, pursuant to 11 U.S.C. § 363(b)(1), 1 approve a transfer of certain technology to an asserted insider buyer without the approval of a chapter 11 plan? Given the facts and circumstances, should the court order the appointment of a chapter 11 trustee?
II. JURISDICTION
Embrace Systems Corporation, “Debtor”, filed an Amended Motion With Respect To Motion For Leave To Assume Amended Ex-ecutory Contract And Motion For Alternative…
2Cases cited21 opinions
- Bose Corp. v. Consumers Union of United States, Inc.Supreme Court of the United States · 1984
- United States Fidelity & Guaranty Co. v. BlackMichigan Supreme Court · 1981
- In re Abbotts Dairies of Pennsylvania, Inc.Court of Appeals for the Third Circuit · 1986
- In Re Rock Industries MacHinery Corp., F/k/a Lippmann, Inc., Bankrupt. Appeal of Litton Systems, IncCourt of Appeals for the Seventh Circuit · 1978
- STEPHENS INDUSTRIES, INC., Plaintiff-Appellant, v. James R. McCLUNG, Trustee in Bankruptcy, Etc., Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1986
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