· 4/17/1997
Federal Case
Citations
- 112 F.3d 257
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a claim that was already pending prior to the bankruptcy was not reserved by the reorganization plan because it was not referenced in the plan at all
- recognizing exception to the doctrine of res judicata where the court in the prior action expressly reserves the litigant’s right to bring the later claims
- suggesting that a claim might be retained if a broad reservation was “explicit,” since creditors would have had the opportunity to “dicker over the language”
- discussing the \exception to [claim preclusion] that expressly reserved suits may survive a final bankruptcy order\
- “Disbursing Agent ... shall enforce all causes of action existing in favor of the Debtor and Debtor in Possession”
- affirming district court's holding that breach of contract action filed post-confirmation was barred under the doctrine of res judicata where confirmed plan included only \a blanket reservation lacking the specificity necessary to reserve a cause of action\
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.