Legal Opinion
In re C.P.M. Construction
United States Bankruptcy Court, D. New Mexico
Decided February 13, 1991No. Bankruptcy No. 11-88-01647 M APublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARK B. McFEELEY, Chief Judge.
This matter came before the Court on December 4, 1990, to consider confirmation of the debtors’ second amended plan dated September 25, 1990. Two issues were raised by CIT Group/Equipment Financing, Inc. (CIT), and the Court continued the confirmation hearing pending the resolution of these issues. The Court must decide: 1) whether an amended proof of claim filed after the bar date will be allowed; and 2) whether the debtors’ plan violates the absolute priority rule.
FACTS
On July 22, 1988, an involuntary petition was filed against C.P.M.…
2Cases cited10 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Hassett v. Weissman (In Re O.P.M. Leasing Services, Inc.)District Court, S.D. New York · 1985
- In the Matter of H. Dean Stegall and Sandra Lorene Stegall, Debtors-Appellants. Appeal of the Federal Land Bank of St. LouisCourt of Appeals for the Seventh Circuit · 1989
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3Cited by3 opinions
- In Re ParsonsUnited States Bankruptcy Court, S.D. Ohio · 1991
- In Re Carmelo Bambace, Inc.United States Bankruptcy Court, S.D. New York · 1991
- In Re WorkmanUnited States Bankruptcy Court, D. South Carolina · 2007