The Debtors' chapter 11 plan was substantially consummated. Accordingly, the Court of Appeals affirmed the District Court's denial of appeal of confirmation order on grounds of equitable mootness.
The Panel affirmed the Bankruptcy Court’s decision stating that the Bank made a unilateral mistake by bidding the entire amount owed to it by the Debtor at a Michigan foreclosure sale and that it...
Summarized by Paul Stewart , Stewart Robbins Brown & Altazan, LLC
14 years 7 months ago
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)....
Summarized by Laury Macauley , Macauley Law Group, a Professional Corporation
14 years 10 months ago
Citation:
--F.3d-- (9th Cir. 2011); case no. 10-60018 (June 20, 2011)
Ruling:
The Ninth Circuit Court of Appeals affirmed, without further opinion, the decision of the Ninth Circuit Bankruptcy Appellate Panel, upholding provisions in Chapter 13 plans that require mortgage...
Judge(s):
The Honorable Stephen S. Trott; The Honorable Pamela Ann Rymer; and the Honorable Stephen M. McNamee.
