Quimbee logo
DMCA.com Protection Status

In re Michael Day Enterprises, Inc.

2009 WL 7195491 (2009)

Case BriefRelatedOptions
From our private database of 35,600+ case briefs...

In re Michael Day Enterprises, Inc.

United States Bankruptcy Court for the Northern District of Ohio

2009 WL 7195491 (2009)

Facts

Michael Day Enterprises, Inc. (Day) (debtor) filed for reorganization under chapter 11 of the bankruptcy code. Day continued to operate as a debtor in possession. KeyBank National Association (KeyBank) (creditor) was one of Days’ pre-petition lenders and had unsecured claims against the bankruptcy estate. KeyBank was willing to lend Day additional post-petition funds. As a condition for the post-petition financing, KeyBank wanted to combine Day’s pre-petition unsecured debt with the new post-petition secured debt. Day petitioned the bankruptcy court to obtain post-petition financing from KeyBank under § 364 of the bankruptcy code, arguing that post-petition financing was unavailable anywhere else.

Rule of Law

Issue

Holding and Reasoning (Shea-Stonum, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 618,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 618,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 35,600 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 618,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 35,600 briefs - keyed to 984 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership