Gold Star Construction, Incorporated v. Cavu/Rock Properties Project I, L.L.C.

Citation:
Fifth Circuit;No. 15-50455
Tag(s):
Ruling:
The doctrines of res judicata and collateral estoppel were not applicable to a party which advocated very different valuations for the same property in different contexts (value for confirmation purposes was several million dollars less than the value of the same property the same party asserted in a separate adversary proceeding). in addition, the bankruptcy court's denial of a motion to change venue was affirmed.
Procedural context:
Appeal from the District Court for the Western District of Texas
Facts:
The Debtor asserted that certain property had a value of $8,000,000 to $10,050,000 at plan confirmation and argued that the same property had a value of $2,100,000 to $2,600,000 in a separate adversary proceeding.
Judge(s):
KIng, Clement and Owen

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