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New Cases For the Week of August 12, 2002
- August 16, 2002
Brought to you by BKINFORMATION.COM
- The Source for Business Bankruptcy Information on the Internet
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August
16, 2002
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Case
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Court
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Holding
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In
re Nangle
(DBN Subscription Required) |
8th
Cir. BAP |
The
bankruptcy court erred in
declaring nondischargeable
attorneys' fees incurred by a
creditor in pursuing
dischargeability litigation. |
In
re Canter
(DBN Subscription Required) |
9th
Cir. |
The
district court erred in
issuing a sua sponte
withdrawal of the reference
and twice denying relief from
stay when the
"cause" articulated
for such actions was “because
I said it.” |
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August
15, 2002
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Case
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Court
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Holding
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Startosphere
Litigation LLC v. Grand
Casinos, Inc.
(DBN Subscription Required) |
9th
Cir. |
The
Court did not err in holding
that a because the debtor
party to a concurrent
contractual condition had
filed bankruptcy and was
unable to fulfill its
obligation to raise additional
equity capital, the other
party to the condition was not
required to fund the
contractual escrow. |
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August
14, 2002
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Case
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Court
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Holding
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In
re Equinox Oil Co.
(DBN Subscription Required) |
5th
Cir. |
Under
Louisiana law, the statutory
liens of materialmen who
performed work on debtor's
wells were not superior to the
previously perfected liens of
the debtor's lenders.
The proceeds of the debtor's
well control insurance policy
were property of the debtor's
estate. The policy was
in the nature of a casualty
policy rather than a policy
(such as a liability policy)
payable for the benefit of
third party insureds or
injured parties. |
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