Legal Opinion

In Re Bidermann Industries U.S.A., Inc.

United States Bankruptcy Court, S.D. New York

Decided January 7, 1997No. 17-22032PublishedCited by 14 opinions

1Opinion of the Court

CORRECTED TEXT OF BENCH RULING ISSUED DECEMBER 17, 1996

TINA L. BROZMAN, Chief Judge.

Thirty years ago Judge Henry Friendly, sitting on the Second Circuit Court of Appeals, declared that the conduct of bankruptcy proceedings not only should be right but must seem right. Knapp v. Seligson (In re Ira Haupt & Co.), 361 F.2d 164, 168 (2d Cir.1966). In this ease, the fiduciaries must have blinded themselves to Judge Friendly’s counsel.

Bidermann Industries U.S.A., Inc. and certain of its subsidiaries filed chapter 11 petitions on July 17, 1995. Prior to their bankruptcy, they retained Alvarez &…

2Cases cited6 opinions

  1. Mills Acquisition Co. v. MacMillan, Inc.Supreme Court of Delaware · 1989
  2. Official Committee of Subordinated Bondholders v. Integrated Resources, Inc. (In Re Integrated Resources, Inc.)District Court, S.D. New York · 1992
  3. In Re Beck Industries, Inc.Court of Appeals for the Second Circuit · 1979
  4. Ira Haupt & Co. v. SeligsonCourt of Appeals for the Second Circuit · 1966
  5. C & J Clark America, Inc. v. Carol Ruth, Inc. (In Re Wingspread Corp.)United States Bankruptcy Court, S.D. New York · 1988

1 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. In Re Cenargo International, PLCUnited States Bankruptcy Court, S.D. New York · 2003
  2. Pacificorp Kentucky Energy Corp. v. Big Rivers Electric Corp. (In Re Big Rivers Electric Corp.)District Court, W.D. Kentucky · 1998
  3. In re Genco Shipping & Trading Ltd.United States Bankruptcy Court, S.D. New York · 2014
  4. In Re Big Rivers Electric Corp.United States Bankruptcy Court, W.D. Kentucky · 1998
  5. In Re Innkeepers USA TrustUnited States Bankruptcy Court, S.D. New York · 2010

9 more not listed; retrieve them via the Exa API.

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