In Re Chattanooga Choo-Choo Co.
United States Bankruptcy Court, E.D. Tennessee
1Opinion of the Court
MEMORANDUM
RALPH H. KELLEY, Chief Judge.
The Chattanooga Choo-Choo Company operated a large hotel, convention center, and retail complex in Chattanooga, Tennessee. The Choo-Choo operated for about a year during a chapter 11 reorganization case without a confirmed plan of reorganization. A bankruptcy trustee was appointed and sold all the property as a going business to Choo-Choo Partners, a limited partnership. All mortgages, security interests, and other liens attached to the proceeds. The court must now determine how to divide the proceeds among the secured creditors and the bankruptcy…
2Cases cited16 opinions
- Morse Electro Products Corp. v. Beneficial Industrial Loan Co.Washington Supreme Court · 1978
- State Savings Bank of Hornick v. Onawa State Bank of OnawaSupreme Court of Iowa · 1985
- Cummings, Inc. v. BeardsleySupreme Court of Arkansas · 1980
- Farmers & Merchants Bank v. Dyersburg Production Credit Ass'nCourt of Appeals of Tennessee · 1986
- Robert R. Frank v. James Talcott, Inc., a New York CorporationCourt of Appeals for the Eleventh Circuit · 1982
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- Highland Construction Management Services, LP v. Fargo, N.A. (In re Highland Construction Management Services, LP)United States Bankruptcy Court, E.D. Virginia · 2013
- First National Bank of Litchfield v. O'Neil (In Re Litchfield Construction Management, Inc.)United States Bankruptcy Court, D. Connecticut · 1992
- General Electric Capital Corp. v. Dial Business Forms, Inc. (In Re Dial Business Forms, Inc.)United States Bankruptcy Court, W.D. Missouri · 2002
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