Legal Opinion
In Re Ionosphere Clubs, Inc.
United States Bankruptcy Court, S.D. New York
Decided August 20, 1990No. 19-01084PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM DECISION ON ASSIGNMENT OF CLAIMS
BURTON R. LIFLAND, Chief Judge.
The diminished expectations of a 100% recovery to creditors in the Eastern Air Lines, Inc. (“Eastern/Debtor”) case have resulted in a degree of discomfort among the many speculators who specialize in purchasing creditors’ claims in bankruptcy estates. The instant dispute involves a bizarre situation concerning the assignment of claims in these bankruptcy cases in which the assignee, Amroc Investments L.P., agent for Halcyon Distressed Securities, L.P. (“Amroc”) is now objecting to this Court ministerially entering an…
2Cases cited13 opinions
- Manville Corp. v. Equity Security Holders Committee (In re Johns-Manville Corp.)Court of Appeals for the Second Circuit · 1986
- American United Mutual Life Insurance v. City of Avon ParkSupreme Court of the United States · 1940
- Bankr. L. Rep. P 71,803 in the Matter of Richard A. Kubly, Debtors. Wisconsin Department of Industry, Labor and Human Relations v. Marine Bank MonroeCourt of Appeals for the Seventh Circuit · 1987
- In Re Philadelphia & Western Ry. Co.District Court, E.D. Pennsylvania · 1946
- Monroe v. ScofieldCourt of Appeals for the Tenth Circuit · 1943
8 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- In Re Spm Manufacturing CorporationCourt of Appeals for the First Circuit · 1993
- In Re Hugo Olson and Jeraldine Olson, Debtors. Viking Associates, L.L.C. v. Wayne Drewes, Trustee, and Barbara G. Stuart, U.S. TrusteeCourt of Appeals for the Eighth Circuit · 1997
- In Re FRG, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1991
- Official, Unsecured Creditors' Committee v. SternCourt of Appeals for the First Circuit · 1993
- Official, Unsecured Creditors' Committee v. SternCourt of Appeals for the First Circuit · 1993
1 more not listed; retrieve them via the Exa API.