Legal Opinion
Energy Cooperative Inc. v. Murphy Oil Co. (In Re Energy Cooperative Inc.)
United States Bankruptcy Court, N.D. Illinois
Decided September 7, 1983No. 15-00361PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION
FREDERICK J. HERTZ, Bankruptcy Judge.
I
The issue presented in each case before this court involves the question of whether fractions of a day are to be considered under the set-off provisions of Section 553 of the Bankruptcy Code. 11 U.S.C. § 553 (Supp. Y 1981). In that the same legal issue is presented in each instance, this court will consolidate the two cases to further judicial economy. Where there are relevant factual distinctions, this court will address each case separately.
II
FACTS
Energy Cooperative Incorporated (hereinafter referred to as “ECI”) is a Delaware…
2Cases cited12 opinions
- United States v. WillSupreme Court of the United States · 1980
- National Bank v. BurkhardtSupreme Court of the United States · 1880
- Louisville v. Savings BankSupreme Court of the United States · 1881
- In Re Shoppers Paradise, Inc.United States Bankruptcy Court, S.D. New York · 1980
- Massachusetts v. Dartmouth House Nursing Home, Inc. (In Re Dartmouth House Nursing Home, Inc.)United States Bankruptcy Court, D. Massachusetts · 1982
7 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- 16 Collier bankr.cas.2d 1447, Bankr. L. Rep. P 71,794 Braniff Airways, Inc. Debtor and Debtor-In-Possession, and the Official Unsecured Creditors' Committee of Braniff Airways, Inc. v. Exxon Company, U.S.A.Court of Appeals for the Fifth Circuit · 1987
- Braniff Airways, Inc. v. Exxon Co.Court of Appeals for the Fifth Circuit · 1987
- Ducker v. Fairmeadows II (In Re Bridges Enterprises, Inc.)United States Bankruptcy Court, S.D. Ohio · 1986
- Vanco Trading, Inc. v. Monheit (In Re K Chemical Corp.)United States Bankruptcy Court, D. Connecticut · 1995
- Craddock-Terry Shoe Corp. v. Crestar Bank (In Re Craddock-Terry Shoe Corp.)United States Bankruptcy Court, W.D. Virginia · 1988
3 more not listed; retrieve them via the Exa API.