IN RE AMERICAN PLASTICS CORP.

Bankruptcy Nos. NK 80-00928, NK 80-00929, Adv. No. 81-1496.

102 B.R. 609 (1989)

In re AMERICAN PLASTICS CORPORATION, aka Foret Plastics Corporation, aka Ampcoa, Debtor. In re FORET PLASTICS CORPORATION, aka American Plastics Corporation, aka, Ampcoa, Debtor. David P. SWEENEY, Sole Shareholder and creditor of American Plastics Corporation, aka Foret Plastics Corporation, aka Ampcoa, a Michigan corporation, Plaintiff, v. WALTER E. HELLER & COMPANY, a Delaware corporation, Defendant, United States of America, Joseph A. Chrystler, Trustee, Intervening Plaintiffs.

United States Bankruptcy Court, W.D. Michigan.

July 18, 1989.


Attorney(s) appearing for the Case

John A. Smietanka, U.S. Atty., Daniel M. LaVille, Asst. U.S. Atty., Grand Rapids, Mich., R. Todd Luoma, Trial Atty., Tax Div., U.S. Dept. of Justice, Washington, D.C., for intervening plaintiff, U.S.

Stanley, Davidoff & Gray, P.C., Robert E.L. Wright, Kalamazoo, Mich., for intervening plaintiff, Joseph Chrystler, trustee.


OPINION

DAVID E. NIMS, Jr., Bankruptcy Judge.

David P. Sweeney, sole shareholder of American Plastics Corporation and Foret Plastics Corporation (collectively "the Debtors"), filed this adversary proceeding on November 2, 1980, to determine the validity of a lien on accounts receivable held by Walter E. Heller & Company (Heller). On February 26, 1982, the United States of America (the IRS) was allowed to intervene as a party plaintiff, and on March ...

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