Legal Opinion

In Re Valley Vue Joint Venture

United States Bankruptcy Court, E.D. Virginia

Decided January 29, 1991No. 19-70305PublishedCited by 36 opinions

1Opinion of the Court

MEMORANDUM OPINION

MARTIN V.B. BOSTETTER, Jr., Chief Judge.

This matter is before the Court upon the objection by Valley Vue Joint Venture, a Virginia general partnership (the “Debt- or”), to a proof of claim filed by S.W. Rodgers Co., Inc., a Virginia corporation (“Rodgers”), in the amount of $1,000,000. Rodgers’ claim results from its reimbursement of a bank which honored a standby letter of credit issued for the account of Rodgers. The letter of credit was drawn upon by the Bank of Baltimore, a secured creditor of the Debtor, following the Debt- or’s pre-petition default on a loan made to…

2Cases cited48 opinions

  1. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  2. Republic National Bank of Dallas v. Northwest National Bank of Fort WorthTexas Supreme Court · 1979
  3. Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
  4. Compania Anonima Venezolana De Navegacion (Venezuelan Line) v. A. J. Perez Export Company, Etc., and Tyler Refrigeration CorporationCourt of Appeals for the Fifth Circuit · 1962
  5. American Surety Co. v. Bethlehem National BankSupreme Court of the United States · 1941

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3Cited by36 opinions

  1. In Re James S. Hamada, Debtor. James S. Hamada v. Far East National Bank, a California CorporationCourt of Appeals for the Ninth Circuit · 2002
  2. Pandora Industries, Inc. v. Paramount Communications Inc. (In Re Wingspread Corp.)District Court, S.D. New York · 1992
  3. Photo Mechanical Services, Inc. v. E.I. DuPont De Nemours & Co. (In Re Photo Mechanical Services, Inc.)United States Bankruptcy Court, D. Minnesota · 1995
  4. Fibreboard Corp. v. Celotex CorporationCourt of Appeals for the Eleventh Circuit · 2006
  5. In Re Flamingo 55, Inc.United States Bankruptcy Court, D. Nevada · 2007

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