Legal Opinion
In Re Anc Rental Corp.
United States Bankruptcy Court, D. Delaware
Decided April 15, 2005No. 19-10279Published
1Opinion of the Court
OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court are the Objections of the Debtor, the Creditors’ Committee, and Lehman Brothers Inc. and Lehman Com mercial Paper Inc. (collectively “Lehman”) to the Administrative Claim filed by Deutsche Bank Securities, Inc. (“DB”). For the reasons stated below we will sustain the Objections and disallow the claim.
1. FACTUAL BACKGROUND
ANC Rental Corporation (“the Debtor”) and several affiliates filed voluntary petitions for relief under chapter 11 on November 13, 2001. On March 8, 2002, the Debtor entered into a series of financing transactions to…
2Cases cited16 opinions
- Sutton v. East River Savings BankNew York Court of Appeals · 1982
- 407 East 61st Garage, Inc. v. Savoy Fifth Avenue Corp.New York Court of Appeals · 1968
- Brisbin v. Superior Valve Co.Court of Appeals for the Third Circuit · 2005
- In Re Mushroom Transportation Co.United States Bankruptcy Court, E.D. Pennsylvania · 1987
- Campbell v. CampbellDistrict Court of Appeal of Florida · 1986
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