Legal Opinion

Philip Services Corp. v. Luntz (In Re Philip Services (Delaware), Inc.)

United States Bankruptcy Court, D. Delaware

Decided September 21, 2001No. 18-10045PublishedCited by 14 opinions

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

  1. Hal Roach Studios, Inc., a Delaware Corporation v. Richard Feiner and Company, Inc., a New York CorporationCourt of Appeals for the Ninth Circuit · 1990
  2. Arizona v. CaliforniaSupreme Court of the United States · 1983
  3. Messenger v. AndersonSupreme Court of the United States · 1912
  4. Allan J. Jablonski v. Pan American World Airways, IncCourt of Appeals for the Third Circuit · 1988
  5. Scarano v. Central R. Co. Of New JerseyCourt of Appeals for the Third Circuit · 1953

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3Cited by14 opinions

  1. Winget v. JP Morgan Chase Bank, N.A.Court of Appeals for the Sixth Circuit · 2008
  2. Brown v. General Electric Capital Corp. (In Re Foxmeyer Corp.)United States Bankruptcy Court, D. Delaware · 2002
  3. Burtch v. Masiz (In re Vaso Active Pharmaceuticals, Inc.)United States Bankruptcy Court, D. Delaware · 2013
  4. Kmart Corp. v. Uniden America Corp. (In Re Kmart Corp.)United States Bankruptcy Court, N.D. Illinois · 2004
  5. James Cable, LLC v. Millennium Digital Media Systems, L.L.C. (In Re Broadstripe, LLC)United States Bankruptcy Court, D. Delaware · 2010

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