Gulfcoast Workstation Corp. v. Peltz (In Re Bridge Information Systems, Inc.)
United States Bankruptcy Court, E.D. Missouri
1Opinion of the Court
MEMORANDUM OPINION
DAVID P. MCDONALD, Bankruptcy Judge.
Gulfcoast Workstation (“Gulfcoast”) filed a secured claim against the estate of debt- or Bridge Information System (“Bridge”), in the amount of $713,677.00. Gulfcoast argues that it is entitled to a secured claim in the amount of $713,677.00 under 11 U.S.C. § 506(a) because it may setoff that amount from the $1,052,574.88 that Bridge owes it as provided in 11 U.S.C. § 553(a). The Court agrees and will enter judgment in favor of Gulfcoast.
JURISDICTION AND VENUE
This Court has jurisdiction over the parties and subject matter of this…
2Cases cited19 opinions
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- Raleigh v. Illinois Department of RevenueSupreme Court of the United States · 2000
- In Re De Laurentiis Entertainment Group Inc., a Delaware Corporation, Debtor. Carolco Television Inc. v. National Broadcasting Co.Court of Appeals for the Ninth Circuit · 1992
- In Re: Gaston & Snow, Debtor, Alfred J. Bianco, as Plan Administrator to the Estate of Gaston & Snow v. Robert A. Erkins & Bernadine ErkinsCourt of Appeals for the Second Circuit · 2001
- United States of America, Acting Through the Agricultural Stabilization and Conservation Service v. Willis R. GerthCourt of Appeals for the Eighth Circuit · 1993
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