Matter of Agrownautics, Inc.
United States Bankruptcy Court, D. Connecticut
1Opinion of the Court
MEMORANDUM RE: TRUSTEE’S APPLICATION TO DETERMINE PRIORITIES AND PAYMENT TO SECURED CREDITORS
ROBERT L. KRECHEYSKY, Chief Judge.
I
Issue
The issue in this proceeding is whether to recognize asserted subrogation rights arising out of a letter of credit transaction. The appearing parties have submitted the matter upon a stipulation of facts and briefs. 1
II
Facts
Agrownautics Inc., the debtor, had been the operator of a greenhouse facility in Washingtonville, Pennsylvania, used for hydroponic farming of produce (the facility). On February 10, 1989, the date of the filing of the debtor’s bankruptcy…
2Cases cited12 opinions
- American Surety Co. v. Bethlehem National BankSupreme Court of the United States · 1941
- In Re Valley Vue Joint VentureUnited States Bankruptcy Court, E.D. Virginia · 1991
- Bank of America National Trust & Savings Ass'n v. Kaiser Steel Corp. (In Re Kaiser Steel Corp.)United States Bankruptcy Court, D. Colorado · 1988
- In Re Minnesota Kicks, Inc.United States Bankruptcy Court, D. Minnesota · 1985
- Berliner Handels-Und Frankfurter Bank v. East Texas Steel Facilities, Inc. (In Re East Texas Steel Facilities, Inc.)United States Bankruptcy Court, N.D. Texas · 1990
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3Cited by10 opinions
- Tudor Development Group, Inc. v. United States Fidelity & Guaranty Co.Court of Appeals for the Third Circuit · 1992
- CCF, Inc. v. First National Bank & Trust Co. (In re Slamans)Court of Appeals for the Tenth Circuit · 1995
- Tudor Development Group, Inc. v. United States Fidelity & Guaranty CompanyCourt of Appeals for the Third Circuit · 1992
- In Re Southwest Equipment Rental, Inc.District Court, E.D. Tennessee · 1996
- Sun Co. v. Slamans (In Re Slamans)United States Bankruptcy Court, N.D. Oklahoma · 1992
5 more not listed; retrieve them via the Exa API.