Legal Opinion

GNB, Inc. v. Gordon (In re Palmer Trading, Inc.)

District Court, N.D. New York

Decided September 30, 1981No. 80 C 6310PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM OPINION

FLAUM, District Judge:

This matter comes before the court on the appeal of GNB, Inc. (GNB) from an order of the Bankruptcy Court allowing the Trustee of Palmer Trading Company (Palmer Trading) to retain GNB’s federal income tax refund. For the reasons stated below, that order is reversed.

The Bankrupt, Palmer Trading, initially filed its petition under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 1101-74, but the matter is now a Chapter 7 liquidation, 11 U.S.C. §§ 701-66. During the course of the proceedings, the Trustee of the Bankrupt collected a tax refund check drawn on…

2Cases cited6 opinions

  1. C M Corporation, Continental Manors, Inc. And Commercial Management, Inc. v. Oberer Development Company and Gold Key Builders, Inc.Court of Appeals for the Seventh Circuit · 1980
  2. Gasbarra v. St. James HospitalAppellate Court of Illinois · 1980
  3. People v. ClarkAppellate Court of Illinois · 1979
  4. Matter of Twin Lakes Village, Inc.United States Bankruptcy Court, D. Nevada · 1980
  5. Packard Bell Electronics Corp. v. Elliott Ets--HokinCourt of Appeals for the Seventh Circuit · 1975

1 more not listed; retrieve them via the Exa API.

3Cited by4 opinions

  1. Henderson v. Buchanan (In Re Western World Funding, Inc.)United States Bankruptcy Court, D. Nevada · 1985
  2. Bast v. Orange Meat Packing Co. (In Re G & L Packing Co.)United States Bankruptcy Court, N.D. New York · 1982
  3. In the Matter of Palmer Trading, Inc. Appeal of Irving Gordon, TrusteeCourt of Appeals for the Seventh Circuit · 1983
  4. In the Matter of Palmer Trading, Inc. Appeal of Irving Gordon, TrusteeCourt of Appeals for the Seventh Circuit · 1983

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