Sandburg Financial Corp. v. American Rice, Inc. (In re American Rice, Inc.)

Citation:
Case No. 11-40301 (5th. Cir. September 22, 2011
Ruling:
Under 11 U.S.C. § 524(c), an agreement based “in whole or in part” on a dischargeable obligation is unenforceable unless the parties comply with the requirements set forth in § 524(c)(1)-(6)....
Judge(s):
Judges King, Smith and Graves
Tag(s):

Official Committee of Unsecured Creditors v. Baldwin (In re Lemington Home for the Aged)

Citation:
Case No. 10-4456 (3d Cir. Sept. 21, 2011) (Precedential)
Ruling:
The Third Circuit reversed the decision of the United States District Court for the Western District of Pennsylvania granting summary judgment to the defendants, officers and directors of debtor...
Judge(s):
Sloviter, Fuentes, and Vanaskie
Tag(s):

Grossman v. Lothian Oil Inc. (In re Lothian Oil Inc.)

Citation:
Grossman v. Lothian Oil Inc. (In re Lothian Oil Inc.), Case No. 1050683, --- F.3d --- (5th Cir. 2011)
Ruling:
The Fifth Circuit held that a claim objection seeking to recharacterize debt to equity, which frequently concerns the same factors as equitable subordination, is a distinguishable concept. ...
Judge(s):
Jones, Higginbotham and Southwick. Opinion by Edith H. Jones, Chief Judge.
Tag(s):

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