Legal Opinion
General Electric Credit Corp. v. Nardulli & Sons, Inc.
Court of Appeals for the Third Circuit
Decided January 6, 1988No. Nos. 87-3079, 87-3155PublishedCited by 21 opinions
1Opinion of the Court
OPINION OF THE COURT
SCIRICA, Circuit Judge.
The primary issue in this appeal is whether the Chapter 11 plan of reorganization of appellant Nardulli and Sons Co., Inc. (Nardulli) divested security interests in equipment, granted by Nardulli to appel-lees General Electric Credit Corporation (GECC) and Keystone Acceptance Corporation (Keystone). We hold that the plan did not divest GECC or Keystone of their respective security interests; in fact it preserved those security interests.
The second issue that we decide is whether GECC and Keystone lost their secured positions because they did not file…
2Cases cited20 opinions
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- Isaacs v. Hobbs Tie & Timber Co.Supreme Court of the United States · 1931
- In the Matter of Gerald Lewis Tarnow, Debtor. Appeal of Commodity Credit CorporationCourt of Appeals for the Seventh Circuit · 1984
- 15 Collier bankr.cas.2d 563, Bankr. L. Rep. P 71,437 in Re McKeesport Steel Castings Company. In Re McKeesport Steel Castings Company, Debtor. Equitable Gas Co. v. Equibank N.A., Condec Corporation. Appeal of Equitable Gas Company, a Division of Equitable Resources, Inc., MovantCourt of Appeals for the Third Circuit · 1986
- Estate Of Roger LellockCourt of Appeals for the Third Circuit · 1987
15 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Brooks Fashion Stores, Inc. v. Michigan Employment Security Commission (In Re Brooks Fashion Stores, Inc.)United States Bankruptcy Court, S.D. New York · 1991
- In the Matter of John Penrod and Alyce J. Penrod, Debtors-Appellees. Appeal of Financial Institutions Liquidation Corporation, Formerly Known as Mutual Guaranty Corporation, Successor in Interest to the Clinton County Farm Bureau Cooperative Association Credit UnionCourt of Appeals for the Seventh Circuit · 1995
- FNB OF PICAYUNE v. Pearl River FabricatorsSupreme Court of Louisiana · 2007
- Funding Systems Asset Management Corp. v. Chemical Business Credit Corp. (In Re Funding Systems Asset Management Corp.)United States Bankruptcy Court, W.D. Pennsylvania · 1990
- In Re Temple ZionUnited States Bankruptcy Court, E.D. Pennsylvania · 1991
16 more not listed; retrieve them via the Exa API.