In Re Monach Circuit Industries, Inc.
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
EMIL F. GOLDHABER, Chief Judge:
The issue at bench is whether we should grant a trustee’s motion for reconsideration of our order of October 8, 1982, which authorized, without notice or hearing, the incurring of a postpetition debt in exchange for the granting of a lien and priority status superior to adminstrative claims on this postpetition debt as well as on all prepetition debts of the lending creditor. For the reasons stated herein, we will grant the trustee’s motion and vacate our order.
The facts of the case are as follows: 1 Monach Circuit Industries, Inc. (“the debt- or”), filed…
2Cases cited8 opinions
- Gardner v. Panama RailroadSupreme Court of the United States · 1951
- In Re Texlon CorporationCourt of Appeals for the Second Circuit · 1979
- Matter of Sullivan Ford SalesUnited States Bankruptcy Court, D. Maine · 1980
- In Re Antico Manufacturing Co.United States Bankruptcy Court, E.D. New York · 1983
- Funket v. Beacon Consumer Discount Co. (In Re Funket)United States Bankruptcy Court, M.D. Pennsylvania · 1982
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3Cited by24 opinions
- In Re Adams Apple, Inc., Debtor. Robert C. Burchinal, Donald G. Ott, Meton G. Raine, Karen O. Raine, John Ruud, Richard H. Mason, Phyllis Mason, Richard Floren, Rachel Floren, Kenneth R. Irwin, Sharon Irwin, Richard J. Willsey and Cheri Ann Willsey, Plaintiffs v. Central Washington Bank, Bank of California v. Central Washington BankCourt of Appeals for the Ninth Circuit · 1987
- Credit Alliance Corp. v. Dunning-Ray Insurance Agency (In Re Blumer)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
- In The Matter Of Saybrook Manufacturing Co., Inc.Court of Appeals for the Eleventh Circuit · 1992
- Tennessee Wheel & Rubber Co. v. Captron Corporate Air Fleet (In Re Tennessee Wheel & Rubber Co.)United States Bankruptcy Court, M.D. Tennessee · 1986
- In Re Beker Industries Corp.United States Bankruptcy Court, S.D. New York · 1986
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