1. Home
  2. Browse Decisions
  3. B.R.
  4. 55 B.R.
  5. 55 B.R. 160 (1985)
 

IN RE AMERICANA APPAREL, INC.

Bankruptcy No. 82-05350G, Adv. No. 85-0042G.

55 B.R. 160 (1985)

In re AMERICANA APPAREL, INC., Debtor. OFFICIAL CREDITORS' COMMITTEE, Plaintiff, v. CHARLES GORDON & SONS, INC., Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

November 13, 1985.

Attorney(s) appearing for the Case

Claudia Z. Springer, Mitchell K. Posner, James R. Malone, Mesirov, Gelman, Jaffe, Cramer & Jamieson, Philadelphia, Pa., for plaintiff, Official Creditors' Committee.

Jane B. McElhenney, Wessel and Carpel, Philadelphia, Pa., for defendant, Charles Gordon & Sons, Inc.

Edward J. DiDonato, Ciardi, Fishbone & DiDonato, Philadelphia, Pa., for debtor, Americana Apparel, Inc.

OPINION

EMIL F. GOLDHABER, Chief Judge:

The matter in dispute is whether we should disallow or subordinate an insider's proof of claim against the debtor. For the reasons stated herein we will subordinate the claim to the interests of general unsecured creditors.

We outline the facts of this controversy as follows:1 The debtor filed a petition for reorganization under chapter 11 of the Bankruptcy Code ("the Code") in...

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