New Cases For the Week of May 28, 2002 - May 31, 2002
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- The Source for Business Bankruptcy Information on the Internet
May
31, 2002
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Case
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Court
|
Holding
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In
re MBA Poultry
(DBN Subscription Required) |
8th Cir. |
A
taxing agency's lien for personal property taxes was not
extinguished in a bankruptcy sale despite the purchaser's
status as assignee of an earlier-perfected bank lien. |
In
re Armstrong
(DBN Subscription Required) |
8th Cir. |
Although
some courts have characterized gambling markers as
"checks," for preference purposes when a casino
agrees to hold a marker for 30 days, the transaction is in the
nature of a loan or credit transaction involving antecedent
debt. |
In
re Tuttle
(DBN Subscription Required) |
10th
Cir. |
Gap
interest on a nondischargeable tax claim (i.e., interest
accruing postpetition and preconfirmation) remains a personal
liability of the debtor after confirmation of a plan. |
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