ABI Membership is required to access the full summary. Please Sign In using your ABI Member credentials. Not a Member yet? Join ABI now - it is absolutely worth it!
Summaries by Melissa De Groff
- Summarized by Melissa De Groff , Kroger, Gardis & Regas, LLP
- 12 years 3 months ago
- Citation:
- -- F.3d --, 2013 WL 5881565 (7th Cir. 2013)
- Ruling:
- Claim based on a non-recourse second mortgage must be allowed pursuant to Bankruptcy Code section 1111(b(1)(A), which requires only that the claim be secured by a lien on property of the estate,...
- Judge(s):
- Bauer, Flaum, and Rovner.
- Tag(s):
-
- Summarized by Melissa De Groff , Kroger, Gardis & Regas, LLP
- 12 years 9 months ago
- Citation:
- Case No. 12-3079 (7th Cir. May 20, 2013)
- Ruling:
- A cross-collateralization clause in first priority mortgage put second priority mortgagee on inquiry notice of debt in excess of promissory note specified in first mortgage. Therefore, first...
- Judge(s):
- Kanne, Williams and Zagel (by designation from the Northern District of Illinois).
- Tag(s):
-
