Legal Opinion

Varsity Carpet Services, Inc. v. Richardson (In re Colortex Industries, Inc.)

Court of Appeals for the Eleventh Circuit

Decided May 2, 1994No. 92-9159PublishedCited by 10 opinions

1Opinion of the Court

ANDERSON, Circuit Judge:

This appeal presents two issues — an issue of first impression with respect to the appropriate priority in bankruptcy for interest on trade debts accruing during a Chapter 11 reorganization; and also an issue involving a claim for immediate payment. We affirm the district court with respect to both issues.

FACTS AND PROCEDURAL HISTORY

This case arises from the filing of a Chapter 11 petition in the United States Bankruptcy Court for the Northern District of Georgia, Rome Division by Colortex Industries, Inc. (“Debtor”) on October 24, 1989. Subsequent to filing, Debtor…

2Cases cited78 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
  3. Kelly v. RobinsonSupreme Court of the United States · 1986
  4. Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
  5. Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947

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3Cited by10 opinions

  1. United States v. Hillsborough Holdings Corp.Court of Appeals for the Eleventh Circuit · 1997
  2. In Re HackneyUnited States Bankruptcy Court, N.D. Alabama · 2006
  3. In Re Colortex Industries, Inc.Court of Appeals for the Eleventh Circuit · 1994
  4. United States v. BrownDistrict Court, D. Kansas · 1995
  5. In Re Mariner Enterprises of Pensacola, Inc.United States Bankruptcy Court, N.D. Florida · 1994

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