Home/Second Circuit/Section 1110 Parties v. Pan American Corp. (In re Pan American Corp.)

Section 1110 Parties v. Pan American Corp. (In re Pan American Corp.)

929 F.2d 109
CourtCourt of Appeals for the Second Circuit
DecidedApril 2, 1991
DocketNo. 1519, Docket 91-5023
StatusPublished
Cited by1 cases

This text of 929 F.2d 109 (Section 1110 Parties v. Pan American Corp. (In re Pan American Corp.)) is published on Counsel Stack Legal Research, covering Court of Appeals for the Second Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Section 1110 Parties v. Pan American Corp. (In re Pan American Corp.), 929 F.2d 109 (2d Cir. 1991).

Opinion

PER CURIAM;

Debtors in possession Pan Am Corporation, et al., appeal from an order affirming the bankruptcy court’s ruling that lessors’ actions to recover airplanes and equipment leased to Pan Am in certain sale-leaseback transactions may be exempted from the automatic stay by operation of Section 1110 of the Bankruptcy Code. See 11 U.S.C. § 1110 (1988). We now affirm the district court’s order for substantially the reasons stated by Judge Mukasey. See In re Pan [110]*110Am Corporation, 125 B.R. 372 (S.D.N.Y.1991).

The stay pending appeal will be extended until noon, April 5, 1991, in order to allow appellants to seek temporary relief from the Supreme Court. It shall thereafter expire.

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Related

In Re Pan American Corporation
929 F.2d 109 (Second Circuit, 1991)

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Bluebook (online)
929 F.2d 109, Counsel Stack Legal Research, https://law.counselstack.com/opinion/section-1110-parties-v-pan-american-corp-in-re-pan-american-corp-ca2-1991.