Legal Opinion

GE Capital Commercial, Inc. v. Sylva Corp. (In re Sylva Corp.)

United States Bankruptcy Appellate Panel for the Eighth Circuit

Decided November 26, 2014No. BAP No. 14-6016PublishedCited by 6 opinions

1Opinion of the Court

SALADINO, Bankruptcy Judge.

The Appellant, GE Capital Commercial, Inc. (“GE Capital”), appeals the decision of the bankruptcy court denying its motion for allowance of an administrative expense claim for unpaid lease obligations against the Debtor-Appellee, Sylva Corporation, Inc. (“Sylva”). For the reasons set forth below, we reverse and remand for further proceedings.

FACTUAL BACKGROUND

The parties are in agreement on the pertinent facts applicable to this appeal.1 In November 2007, Sylva entered into a “Lift Lease Agreement” with a predecessor to GE Capital for the lease of certain equipment2…

2Cases cited11 opinions

  1. In Re Moreggia & Sons, Inc. City of San Francisco Market Corporation v. Edward M. Walsh, Trustee American Poultry Company, CreditorCourt of Appeals for the Ninth Circuit · 1988
  2. Pummill v. Greensfelder, Hemker & Gale (In Re Richards & Conover Steel, Co.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2001
  3. Hotel Syracuse Inc. v. City of Syracuse Industrial Development Agency (In Re Hotel Syracuse Inc.)United States Bankruptcy Court, N.D. New York · 1993
  4. Williams v. IMC Mortgage Co. (In Re Williams)United States Bankruptcy Appellate Panel for the Eighth Circuit · 1999
  5. In Re Harris Pine MillsCourt of Appeals for the Ninth Circuit · 1988

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3Cited by6 opinions

  1. ATVT LLCUnited States Bankruptcy Court, W.D. Wisconsin · 2021
  2. In Re: Avianca Holdings S.A.District Court, S.D. New York · 2023
  3. In re Sky Ventures, LLCUnited States Bankruptcy Court, D. Minnesota · 2014
  4. Keast Enterprises Inc.United States Bankruptcy Court, S.D. Iowa · 2020
  5. Specialty Retail Shops Holding Corp.United States Bankruptcy Court, D. Nebraska · 2019

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