Legal Opinion
Council Commerce Corp. v. Sterling Navigation Co. (In Re Sterling Navigation Co.)
United States Bankruptcy Court, S.D. New York
Decided November 18, 1981No. 18-08315PublishedCited by 3 opinions
1Opinion of the Court
DECISION ON MOTION AND CROSS-MOTION FOR SUMMARY JUDGMENT
EDWARD J. RYAN, Bankruptcy Judge.
On October 28, 1975, Sterling Navigation Co. (“Sterling”) filed a petition under Chapter XI of the Bankruptcy Act and was thereafter, on December 17, 1975 adjudicated a bankrupt. On February 23, 1976, an involuntary petition in bankruptcy was filed against Sovereign Marine Lines, Inc. (“Sovereign”), and on March 22, 1976, Sovereign was adjudicated a bankrupt. The Sovereign and Sterling estates were substantively consolidated on January 18, 1981.
Prior to their respective adjudications, Sterling and its…
2Cases cited12 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Hanna v. PlumerSupreme Court of the United States · 1965
- Southern Pacific Company v. JensenSupreme Court of the United States · 1916
- Romero v. International Terminal Operating Co.Supreme Court of the United States · 1959
- Sibbach v. Wilson & Co.Supreme Court of the United States · 1941
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3Cited by3 opinions
- Barnes Freight Line, Inc. v. Chase Commercial Corp. (In Re Barnes Freight Line, Inc.)United States Bankruptcy Court, N.D. Georgia · 1983
- Council Commerce Corp. v. Sterling Navigation Co. (In Re Sterling Navigation Co.)District Court, S.D. New York · 1983
- Chipley v. FriersonSupreme Court of Florida · 1882