In re the CIRCLE K CORPORATION, Circle K Convenience Stores, Inc., Circle K Management Company, Lar-Lin, Inc., First Circle Properties, Inc., Utotem, Inc., Utotem Markets of Arizona, Inc., U Totem of Alabama, Inc., U-Tote'M of Colorado Inc., U-Tote'M of Miami, Inc., Tic Toc Systems, Inc., Monterre Properties, Inc., Shop & Go, Inc., Circle K General, Inc., Circle K Hawaii, Inc., Combined Aviation Co., Charter Marketing Company (Connecticut), Charter Marketing Company, Mr. B's Oil Co., Inc., Mr. B's Food Mart, Inc., NPI Corporation, Old Colony Petroleum Company, Inc., New England Petroleum Distributors, Inc., and 44th Street & Camelback Limited Partnership, Debtors.
CITIBANK, N.A., as agent, Plaintiff,
v.
The CIRCLE K CORPORATION, et al., Defendants.
United States Bankruptcy Court, D. Arizona.https://leagle.com/images/logo.png
June 30, 1992.
June 30, 1992.
Attorney(s) appearing for the Case
D.J. Baker, Weil, Gotshal & Manges, Houston, Tex., Harvey R. Miller, Weil, Gotshal & Manges, New York City, John J. Dawson, Streich Lang, Phoenix, Ariz., Tad R. Smith, Kemp, Smith, Duncan & Hammond, El Paso, Tex., for debtors.
Deborah M. Buell, Cleary, Gottlieb, Steen & Hamilton, New York City, Jared G. Parker, Johnston Maynard Grant & Parker, Phoenix, Ariz., for Official Unsecured Creditors' Committee.
Dawn Stoll Zeitlin, Dushoff, McCall & Zeitlin, Phoenix, Ariz., Steven E. Sherman, Shearman & Sterling, San Francisco, Cal., R. Paul Wickes, Shearman & Sterling, New York City, for Citibank, N.A.
Martin F. Brecker, Anderson Kill Olick & Oshinsky, P.C., James E. Millstein, Cleary, Gottlieb, Steen & Hamilton, New York City, for Official Committee of Debenture Holders.
William L. Novotny, Mariscal, Weeks, McIntyre & Friedlander, P.A., Phoenix, Ariz., Fred S. Hodara, Stroock & Stroock & Lavan, New York City, for Certain Senior Secured Noteholders.
Stephen D. Busey, Smith Hulsey & Busey, Jacksonville, Fla., for AFC Affiliates.
Thomas H. Allen, Office of the United States Trustee, Phoenix, Ariz.
United States Bankruptcy Court, D. Arizona.
MEMORANDUM OF DECISION
GEORGE B. NIELSEN, Jr., Bankruptcy Judge.
Debtors and Citibank, N.A., as agent for a group of banks (the "Bank Group"), executed a stipulation for use of cash collateral and adequate protection. This stipulation permitted debtors to use cash collateral generated by the sale of inventory in the ordinary course of their business.
On May 16, 1991, the Court approved an amended stipulation...
Let's get started
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.
