Legal Opinion
Pittsburgh National Bank v. SMB Holdings, Inc. (In Re SMB Holdings, Inc.)
United States Bankruptcy Court, W.D. Pennsylvania
Decided August 21, 1987No. 19-20437PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
BERNARD MARKOVITZ, Bankruptcy Judge.
Presently before the Court is a claim by Pittsburgh National Bank (hereinafter “PNB”) for administrative expense priority pursuant to 11 U.S.C. § 503. Specifically, PNB seeks a Finding by this Court that it provided a benefit to the Chapter 11 estate, by honoring a $250,000.00 check drawn on $300,000.00 of provisionally settled funds. When the originally deposited $300,000.00 item and three (3) similar items were all dishonored, PNB exercised its right of charge-back and overdrafted SMB’s account in the amount of $214,823.69; it is for…
2Cases cited9 opinions
- In Re Mammoth Mart, Inc., Debtor. Stanley Cramer v. Mammoth Mart, Inc.Court of Appeals for the First Circuit · 1976
- In the Matter of Jartran, Inc., Debtor. Appeal of Reuben H. Donnelley Corporation and Sandra C. Tinsley, IncCourt of Appeals for the Seventh Circuit · 1984
- In Re Charter Co.United States Bankruptcy Court, M.D. Florida · 1985
- Citizens National Bank of Englewood v. Fort Lee Savings & Loan AssociationNew Jersey Superior Court Appellate Division · 1965
- In Re Cascade Oil Co., Inc.United States Bankruptcy Court, D. Kansas · 1985
4 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Martino v. First National Bank of Harvey (In Re Garofalo's Finer Foods, Inc.)District Court, N.D. Illinois · 1995
- Woburn Associates v. Kahn (In re Hemingway Transport, Inc.)Court of Appeals for the First Circuit · 1992
- In Re MassettiUnited States Bankruptcy Court, E.D. Pennsylvania · 1989
- In Re Philadelphia Mortgage TrustUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
- Matter of Timberline Property Development, Inc.United States Bankruptcy Court, D. New Jersey · 1990
7 more not listed; retrieve them via the Exa API.