Legal Opinion

Grimes v. Munoz (In Re Munoz)

United States Bankruptcy Court, E.D. Pennsylvania

Decided March 9, 1988No. 19-10943PublishedCited by 11 opinions

1Opinion of the Court

MEMORANDUM OPINION

BRUCE I. POX, Bankruptcy Judge:

The instant motion for relief from the automatic stay presents difficult issues for resolution engendered by the bankruptcy of the sole shareholder and principal of a closely held corporation. Unfortunately for the corporate shareholder/principal, the stock of the corporation was pledged as security by him to the former owner of the stock of the corporation when the stock was purchased. Because the former owner/pledgee is not receiving required payments, he now seeks relief from the stay to enforce his security interest in the stock and an…

2Cases cited14 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. Commonwealth State Employees' Retirement Fund v. RoaneDistrict Court, E.D. Pennsylvania · 1981
  3. In Re AdamsUnited States Bankruptcy Court, E.D. Pennsylvania · 1986
  4. Philadelphia Consumer Discount Co. v. Commercial Credit Business Loans, Inc. (In Re Philadelphia Consumer Discount Co.)District Court, E.D. Pennsylvania · 1984
  5. In Re ShariyfDistrict Court, E.D. Pennsylvania · 1986

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

3Cited by11 opinions

  1. Williams v. Clark (In Re Clark)United States Bankruptcy Court, E.D. Pennsylvania · 1988
  2. Richard Royce Collection Ltd. v. New York City Shoes, Inc. (In Re New York City Shoes, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1988
  3. In Re PaolellaUnited States Bankruptcy Court, E.D. Pennsylvania · 1988
  4. In Re Quaker Distributors, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1995
  5. In Re Executive House AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1989

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

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