Legal Opinion
McCormack Terminal Co. v. F.A. Potts & Co. (In Re F.A. Potts & Co.)
United States Bankruptcy Court, E.D. Pennsylvania
Decided August 27, 1984No. 19-10833PublishedCited by 3 opinions
1Opinion of the Court
OPINION
THOMAS M. TWARDOWSKI, Bankruptcy Judge.
The plaintiff, McCormack Terminal Company, Inc. (“McCormack”), commenced this adversary proceeding on June 11, 1982 by filing a Complaint against F.A. Potts and Co., Inc. (“Potts”), a Chapter 11 debtor which filed its bankruptcy petition on September 11, 1981, and Korea Shipping Corporation. 1 The gravamen of the Complaint is that Potts defaulted under an Agreement between Potts and McCormack and that, as a result of said default, Potts is indebted to McCormack in an amount in excess of $14,-000,000.00. McCormack had previously filed a proof of…
2Cases cited26 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Mellon Bank, N.A. v. Aetna Business Credit, Inc.Court of Appeals for the Third Circuit · 1980
- Gianni v. Russell Co., Inc.Supreme Court of Pennsylvania · 1924
- Steuart v. McChesneySupreme Court of Pennsylvania · 1982
- Atlantic Northern Airlines, Inc. v. SchwimmerSupreme Court of New Jersey · 1953
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3Cited by3 opinions
- In Re McLean Enterprises, Inc.United States Bankruptcy Court, W.D. Missouri · 1989
- Diamond Gateway Coal Co. v. LTV Corp. (In Re Chateaugay Corp.)District Court, S.D. New York · 1989
- McCormack Terminal Co. v. F.A. Potts & Co. (In re F.A. Potts & Co.)United States Bankruptcy Court, E.D. Pennsylvania · 1987