Legal Opinion

Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)

United States Bankruptcy Court, M.D. Florida

Decided November 9, 2000No. Bankruptcy No. 90-00528-BKC-6C1. Adversary No. 91-022PublishedCited by 80 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

C. TIMOTHY CORCORAN, III, Bankruptcy Judge.

This adversary proceeding represents convoluted and complicated disputes between a failed toy retailer, Toy King Distributors, Inc. (“Debtor” or “Toy King”), on the one hand, and the retailer’s insiders, co-guarantors, and a bank, on the other hand. It involves events occurring over the retailer’s two bankruptcy cases. This retailer failed promptly after confirming a Chapter 11 plan of reorganization in the first case. The confirmed Chapter 11 plan in the second case involved liquidating the retailer. In the liquidation, the…

2Cases cited261 opinions

  1. Grogan v. GarnerSupreme Court of the United States · 1991
  2. Pepper v. LittonSupreme Court of the United States · 1939
  3. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
  4. BFP v. Resolution Trust CorporationSupreme Court of the United States · 1994
  5. Begier v. Internal Revenue ServiceSupreme Court of the United States · 1990

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3Cited by80 opinions

  1. Burtch v. Opus, LLC (In re Opus East, LLC)United States Bankruptcy Court, D. Delaware · 2015
  2. United States v. Fred De La MataCourt of Appeals for the Eleventh Circuit · 2001
  3. Fleet National Bank v. GrayCourt of Appeals for the First Circuit · 2004
  4. Bauman v. Bliese (In Re McCarn's Allstate Finance, Inc.)United States Bankruptcy Court, M.D. Florida · 2005
  5. Balaber-Strauss v. Town of Harrison (In Re Murphy)United States Bankruptcy Court, S.D. New York · 2005

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