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· 11/18/1993

Waslow v. MNC Commercial Corp. (In Re M. Paolella & Sons, Inc.)

Citations

  • 161 B.R. 107
  • 24 U.C.C. Rep. Serv. 2d (West) 755
  • 1993 U.S. Dist. LEXIS 16298
  • 1993 WL 505531

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • stating that equitable subordination is an “extraordinary” departure from the “usual principles of equality of distribution and preference for secured creditors”
  • “Equitable subordination has seldom been invoked, much less successfully so, in eases involving non-insiders and/or non-fiduciaries.”
  • “[E]quitable Subordination is an extraordinary departure from the ‘usual principle of equality of distribution and preference for secured creditors.’ ”

Source: CourtListener parenthetical corpus (CC0).

Judges: Raymond J. Broderick

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.