IN RE VANTAGE PETROLEUM CORP.

Bankruptcy Nos. 882-81962-20, 883-31066-20, Adv. No. 883-0799-20.

43 B.R. 257 (1984)

In re VANTAGE PETROLEUM CORP., Debtor. In re Lawrence S. and Cheryl IORIZZO, Debtors. George W. HUDTWALKER, Jr., Chapter 11 Trustee For Vantage Petroleum Corp., and Thomas J. Lo Presto, Chapter 11 Trustee for Lawrence S. and Cheryl Iorizzo, Plaintiffs, v. FUTURE POSITIONS CORP., Lawrence S. Iorizzo, Cheryl Iorizzo, Sebastian M. Lombardo, General Oil Distributors, Inc., and/or Wechter Petroleum Corp., B.P. Oil, Inc., and Doe Shareholders, Defendants.

United States Bankruptcy Court, E.D. New York, at Westbury.

September 27, 1984.


Attorney(s) appearing for the Case

Thomas Fitzpatrick, New York City, for defendant Future Positions Corp.

Squadron, Ellenoff, Plesent & Lehrer by Judith R. Cohen and Harvis & Zeichner by Nathan Schwed, New York City, for trustee.


ROBERT JOHN HALL, Bankruptcy Judge.

Plaintiff Trustees move for entry of a default judgment against defendant Future Positions Corp. ("Future Positions"). Future Positions admits it is in default, but argues that under the Trustees' allegations, its liability necessarily depends upon the liability of the remaining defendants, and that therefore a default judgment should not be entered unless and until the remaining defendants are found liable.

HISTORY OF PROCEEDINGS...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases