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In Re Blasingame.pdf

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Preview of In re Blasingame
🔗 Source: bankruptcylitigation.blog
📊 Size: 212 KB
📄 Pages: 13 pages
⬇️ Downloads: 243

Summary

The Bankruptcy Appellate Panel of the Sixth Circuit held that a bankruptcy court's interpretation of its own prior sales order is entitled to substantial deference and reviewed under an "abuse of discretion" standard. The court found that the bankruptcy court did not abuse its discretion in interpreting the sales order as providing for the sale of all causes of action, including self-settled trust claims, and excluding only denial-of-discharge claims. The creditor that purchased the estate's causes of action lacked standing to assert the transferred claims derivatively on behalf of the estate, as the estate no longer had an interest in these claims. The court affirmed the bankruptcy court's decision to grant the motion to dismiss for lack of standing.

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Description

The Bankruptcy Appellate Panel of the Sixth Circuit held that a bankruptcy court's interpretation of its own prior sales order is entitled to substantial...

Technical Information

  • File Format: PDF
  • File Size: 212 KB
  • Pages: 13
  • Language: EN
  • Total Downloads: 243
  • Last Updated: 12 hours ago

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