Legal Opinion
Matter of Continental Airlines, Inc.
United States Bankruptcy Court, D. Delaware
Decided December 6, 1991No. 90-00006PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HELEN S. BALICK, Bankruptcy Judge.
I. Introduction
Continental Airlines, Inc. is in default on an obligation due First City, Texas-Houston, N.A., Trustee, and Roark Ashie, Mortgage Trustee (collectively First City) in connection with a bond issue for the construction of a Flight Kitchen at Houston Intercontinental Airport on land leased from the City of Houston. First City seeks relief from stay to exercise their right to foreclose on the collateral securing the loan or receive adequate protection payments.
For the reasons that follow, First City will be granted…
2Cases cited21 opinions
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- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- Begier v. Internal Revenue ServiceSupreme Court of the United States · 1990
- Sexton v. DreyfusSupreme Court of the United States · 1911
- In Re Wedgewood Realty Group, Ltd. Wedgewood Investment Fund, Ltd. v. Wedgewood Realty Group, LtdCourt of Appeals for the Third Circuit · 1989
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3Cited by10 opinions
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- Davis v. Matt Gay Chevrolet, Inc. (In Re Davis)United States Bankruptcy Court, S.D. Georgia · 2006
- In re Las Vegas Monorail Co.United States Bankruptcy Court, D. Nevada · 2010
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