Legal Opinion
Matter of Sullivan Ford Sales
United States Bankruptcy Court, D. Maine
Decided January 31, 1980No. 19-20034PublishedCited by 28 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
CONRAD K. CYR, Bankruptcy Judge.
Sullivan Ford Sales, the largest Ford dealership in Maine, filed a voluntary chapter 11 petition on November 23, 1979, whereupon reorganization relief was ordered by operation of law. 1 On December 5, 1979, the debtor in possession caused three applications to be filed with the court for authorization to enter into various financial arrangements. These applications requested that the debtor be permitted (1) to borrow $200,000 on certificates of indebtedness, (2) to borrow $500,000 from The Merrill Trust Company to finance its 1980…
2Cases cited4 opinions
- William Sustin v. Irving B. AltmanCourt of Appeals for the Second Circuit · 1964
- In Re Lustron Corp. Reconstruction Finance Corp. v. Lustron CorpCourt of Appeals for the Seventh Circuit · 1950
- Magidson v. DugganCourt of Appeals for the Eighth Circuit · 1950
- Arvida Corporation v. Honorable Sidney Sugarman, United States District Judge, Securities and Exchange Commission v. Arvida CorporationCourt of Appeals for the Second Circuit · 1958
3Cited by28 opinions
- In Re Savage Industries, Inc., Debtor. Western Auto Supply Company v. Savage Arms, Inc.Court of Appeals for the First Circuit · 1994
- Prebor v. Collins (In Re I Don't Trust)Court of Appeals for the First Circuit · 1998
- In Re Center Wholesale, Inc.Court of Appeals for the Ninth Circuit · 1985
- Armstrong World Industries, Inc. v. James A. Phillips, Inc. (In Re James A. Phillips, Inc.)District Court, S.D. New York · 1983
- In Re Garland Corp., Bankruptcy Appellate Panel of Massachusetts1980
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