Matter of DeLancey
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION ON MOTION TO RECLASSIFY CLAIM OF UNITED STATES FIDELITY & GUARANTEE COMPANY
HOWARD SCHWARTZBERG, Bankruptcy Judge.
The trustee in bankruptcy in this Chapter 7 case seeks to stand in the shoes of an avoided unperfected senior attachment lien- or, and to obtain priority pursuant to 11 U.S.C. § 551 over a subsequently perfected junior secured claim held by United States Fidelity and Guarantee Company (USF & G). Based upon the funds available in this estate, the net effect of the trustee’s motion is to relegate USF & G’s junior perfected lien to that of an unsecured claim.
FACTUAL BACKGROUND
2Cases cited7 opinions
- Bailey v. Baker Ice MacHine Co.Supreme Court of the United States · 1915
- United States Fidelity & Guaranty v. Delancey (In Re Delancey)United States Bankruptcy Court, S.D. New York · 1986
- Tennessee MacHinery Co. v. Appalachian Energy Industries, Inc. (In Re Appalachian Energy Industries, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1982
- In Re SavidgeDistrict Court, D. Delaware · 1986
- Connelly v. Marine Midland Bank, N.A.District Court, W.D. New York · 1986
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Kopel v. Campanile (In Re Kopel)United States Bankruptcy Court, E.D. New York · 1999
- Carvell v. Bank One, Lafayette, N.A. (In Re Carvell)Bankruptcy Appellate Panel of the First Circuit · 1998
- Moyer v. Rosich (In re Rosich)United States Bankruptcy Court, W.D. Michigan · 2017
- Gold v. United States (In Re Laines)United States Bankruptcy Court, E.D. Virginia · 2006
- In Re Boerne Hills Leasing Corp.United States Bankruptcy Court, W.D. Texas · 1990
6 more not listed; retrieve them via the Exa API.