Philip Services Corp. v. Luntz (In Re Philip Services (Delaware), Inc.)
United States Bankruptcy Court, D. Delaware
1Opinion of the Court
OPINION 1
MARY F. WALRATH, Bankruptcy Judge.
Before the Court is the Plaintiffs’ Motion for Judgment on the Pleadings and the Defendants’ Response thereto. For the reasons set forth below, we deny the Plaintiffs’ Motion.
I. FACTUAL BACKGROUND
Philip Services Corporation (“PSC”) is a Canadian corporation with its principal place of business in Hamilton, Ontario, Canada. In 1997, PSC acquired 100% of the stock of the Luntz Corporation pursuant to a Merger Agreement dated December 30, 1996. PSC issued a Promissory Note due on January 7, 1999, in the amount of $5 million as payment for the stock.…
2Cases cited23 opinions
- Hal Roach Studios, Inc., a Delaware Corporation v. Richard Feiner and Company, Inc., a New York CorporationCourt of Appeals for the Ninth Circuit · 1990
- Arizona v. CaliforniaSupreme Court of the United States · 1983
- Messenger v. AndersonSupreme Court of the United States · 1912
- Allan J. Jablonski v. Pan American World Airways, IncCourt of Appeals for the Third Circuit · 1988
- Scarano v. Central R. Co. Of New JerseyCourt of Appeals for the Third Circuit · 1953
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