Legal Opinion

In Re Advent Corp.

Bankruptcy Appellate Panel of the First Circuit

Decided November 29, 1982No. Bankruptcy 81-9035PublishedCited by 57 opinions

1Per curiam

Fidelity & Deposit Company of Maryland filed this appeal from an order of the bankruptcy court requiring it to issue a bond protecting the debtor, Advent Corporation. We vacate that order, and remand with instructions.

Advent Corporation, engaged in the manufacture and sale of audiovisual equipment, filed a voluntary chapter 11 petition on March 17, 1981. Advent regularly receives shipments of imports into the United States from abroad. Pursuant to 19 U.S.C. § 1499 (1980), in order for imported merchandise to be released from the custody of the United States Customs Service (Customs) to an…

2Cases cited7 opinions

  1. Miller v. Savings Bank of Baltimore (In Re Miller)United States Bankruptcy Court, D. Maryland · 1981
  2. Young v. Critton (In Re Young)United States Bankruptcy Court, N.D. Illinois · 1981
  3. Wariner v. First State Bank of Livingston (In Re Wariner)United States Bankruptcy Court, N.D. Texas · 1981
  4. White Motor Corp. v. Nashville White Trucks, Inc. (In Re Nashville White Trucks, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1980
  5. Holland America Insurance v. Sportservice, Inc. (In Re Cahokia Downs, Inc.)United States Bankruptcy Court, S.D. Illinois · 1980

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3Cited by57 opinions

  1. In Re: Russell Schwartz Linda Schwartz, Debtors. Russell Schwartz Linda Schwartz v. United StatesCourt of Appeals for the Ninth Circuit · 1992
  2. Robert A. Sikes and Janice K. Sikes v. Global Marine, Inc.Court of Appeals for the Fifth Circuit · 1989
  3. Maritime Electric Co. v. United Jersey BankCourt of Appeals for the Third Circuit · 1991
  4. Maritime Electric Company, Inc., a New York Corporation v. United Jersey Bank, a New Jersey Banking Corporation Michael Gill and Maritime Electric Company, Inc., a New Jersey Corporation. Michael Gill, Third-Party v. Maritime Electric Company, Inc., a New York Corporation Thomas Gill, Individually and in His Capacity as President of Maritime Electric Company, Inc., (n.y.), Third-Party Maritime Electric Co., Inc., (Plaintiff and Third-Party Defendant) and Thomas Gill (Third-Party Defendant)Court of Appeals for the Third Circuit · 1992
  5. In the Matter of Paul C. Wildman, Debtors. Appeals of Harris Trust and Savings Bank, Cross-Appellant v. Mitchell Edelson, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1988

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