Legal Opinion

Matter of Agrownautics, Inc.

United States Bankruptcy Court, D. Connecticut

Decided March 15, 1991No. 19-50144PublishedCited by 10 opinions

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

  1. American Surety Co. v. Bethlehem National BankSupreme Court of the United States · 1941
  2. In Re Valley Vue Joint VentureUnited States Bankruptcy Court, E.D. Virginia · 1991
  3. Bank of America National Trust & Savings Ass'n v. Kaiser Steel Corp. (In Re Kaiser Steel Corp.)United States Bankruptcy Court, D. Colorado · 1988
  4. In Re Minnesota Kicks, Inc.United States Bankruptcy Court, D. Minnesota · 1985
  5. 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

7 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Tudor Development Group, Inc. v. United States Fidelity & Guaranty Co.Court of Appeals for the Third Circuit · 1992
  2. CCF, Inc. v. First National Bank & Trust Co. (In re Slamans)Court of Appeals for the Tenth Circuit · 1995
  3. Tudor Development Group, Inc. v. United States Fidelity & Guaranty CompanyCourt of Appeals for the Third Circuit · 1992
  4. In Re Southwest Equipment Rental, Inc.District Court, E.D. Tennessee · 1996
  5. 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.

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