Legal Opinion

DBL Liquidating Trust v. P.T. Tirtamas Majutama (In Re Drexel Burnham Lambert Group, Inc.)

District Court, S.D. New York

Decided December 21, 1992No. 92 Civ. 5907 (MP), Bankruptcy No. 90 B 10421 (FGC)PublishedCited by 10 opinions

1Opinion of the Court

MILTON POLLACK, Senior District Judge:

P.T. Tirtamas Majutama is an Indonesian corporation, which entered into a Letter Agreement on November 29, 1989, with DBL Group, DBL Inc., and Alaska Pacific Paramount, Inc., 1 to engage in negotiations towards Majutama’s contemplated purchase of the securities and debt of Paramount Petroleum Corporation, a California oil refinery. 2 Pursuant to the Letter Agreement, Majutama made on November 30, 1989, a $2 million payment to DBL Group “as a deposit toward the purchase price of the Debt” and was “in consideration for DBL Group’s foregoing other…

2Cases cited19 opinions

  1. Commissioner v. SunnenSupreme Court of the United States · 1948
  2. Federated Department Stores, Inc. v. MoitieSupreme Court of the United States · 1981
  3. Cromwell v. County of SacSupreme Court of the United States · 1877
  4. Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
  5. Cullen v. MargiottaCourt of Appeals for the Second Circuit · 1987

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3Cited by10 opinions

  1. Durso Supermarkets, Inc. v. D'Urso (In Re Durso Supermarkets, Inc.)United States Bankruptcy Court, S.D. New York · 1996
  2. Conn v. Dewey & LeBoeuf LLP (In re Dewey & LeBoeuf LLP)United States Bankruptcy Court, S.D. New York · 2013
  3. Lernout & Hauspie Speech Products, N v. v. Baker (In Re Lernout & Hauspie Speech Products, N v.United States Bankruptcy Court, D. Delaware · 2001
  4. In Re CampUnited States Bankruptcy Court, N.D. Ohio · 1994
  5. Yale-New Haven Hospital, Inc. v. ThompsonDistrict Court, D. Connecticut · 2001

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

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