Legal Opinion

In the Matter of Beacon Distributors, Inc., Bankrupt

Court of Appeals for the First Circuit

Decided April 27, 1971No. 7797PublishedCited by 20 opinions

1Opinion of the Court

McENTEE, Circuit Judge.

In March 1965 James Lipet Enterprises, Inc., gave a blanket mortgage on two parcels of Rhode Island real estate to the Pawtucket Institution for Savings to secure a promissory note for $92,000. One of these parcels was located in the City of Pawtucket and the other in Providence. About two years later Lipet conveyed the Pawtucket property to a Massachusetts business trust upon the condition that the grantee assume and agree to pay the entire mortgage obligation. Subsequently, the trust conveyed the Pawtucket property to Beacon Distributors, Inc., the present bankrupt,…

2Cases cited9 opinions

  1. Meyer v. United StatesSupreme Court of the United States · 1963
  2. Victor Gruen Associates, Inc. v. Morris M. Glass and Hilda Glass, Irving Sulmeyer, Receiver, California Federal Savings and Loan AssociationCourt of Appeals for the Ninth Circuit · 1964
  3. Ayres v. HustedSupreme Court of Connecticut · 1843
  4. Homan, Assignee v. MichlesOhio Court of Appeals · 1963
  5. Chancellor of New Jersey v. TowellSupreme Court of New Jersey · 1912

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3Cited by20 opinions

  1. Peoples Bank of Tuscaloosa v. Computer Room, Inc. (In Re Computer Room, Inc.)United States Bankruptcy Court, N.D. Alabama · 1982
  2. Chittenden Trust Co. v. Sebert Lumber, Co. (In Re Vermont Toy Works, Inc.)United States Bankruptcy Court, D. Vermont · 1987
  3. In Re Elsinore Shore AssociatesUnited States Bankruptcy Court, D. New Jersey · 1988
  4. Whitlock v. Max Goodman & Sons Realty, Inc. (In Re Goodman Industries, Inc.)United States Bankruptcy Court, D. Massachusetts · 1982
  5. Telefest, Inc. v. Vu-TV, Inc.District Court, D. New Jersey · 1984

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

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