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Summaries by Michael Tamburini

Lovald v. Tennyson (In re Wolk)

Citation:
No. 11-6027, Appeal from the United States Bankruptcy Court for the District of South Dakota, July 5, 2011
Ruling:
The BAP affirmed the decision of the bankruptcy court that the trustee had not met his burden under Section 363(b)(3) to show that the benefit to the estate from the sale of the debtor's residence,...
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National Bank of Arkansas v. Panther Mountain Land Development, LLC (In re Panther Mountain Land Development, LLC)

Citation:
United States Bankruptcy Appellate Panel for the Eighth Circuit, Federman (Schermer, Venters), Appeal from the United States Bankruptcy Court for the Eastern District of Arkansas (Evans), No. 10-6086, April 15, 2011
Ruling:
The BAP affirmed the Bankruptcy Court's ruling that unusual circumstances existed to justify the application of Section 363(a)(3) to extend the automatic stay to non-debtor, State approved...
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Marcusen v. Glen (In re Glen)

Citation:
United States Court of Appeals for the Eighth Circuit, No. 10-2031, An Appeal from a Decision of the Eighth Circuit Bankruptcy Appellate Panel
Ruling:
A reduction in in the value of an unperfected lender's original equity, as a result of undisclosed subsequent perfected liens in the same property, is not sufficient to satisfy Section...
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