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· 7/16/1981

Bankers Life Insurance v. Alyucan Interstate Corp. (In Re Alyucan Interstate Corp.)

Citations

  • 12 B.R. 803
  • 4 Collier Bankr. Cas. 2d 1066
  • 1981 Bankr. LEXIS 3358
  • 7 Bankr. Ct. Dec. (CRR) 1123

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • \[The stay] shields creditors from one another by replacing 'race' and other preferential systems of debt collection with a more equitable and orderly distribution of assets. It encourages rehabilitation ....\
  • “[P]rotection may vary if the property is real or personal, tangible or intangible, perdurable or perishable, or if its value is constant, depreciating, or subject to sudden or extreme fluctuations”
  • “[The stay] shields creditors from one another by replacing ‘race’ and other preferential systems of debt collection with a more equitable and orderly distribution of assets. It encourages rehabilitation ____”
  • “the purpose of adequate protection is to assure the recovera-bility of [the value of the creditor’s lien] during the hiatus between petition and plan, or in the event the reorganization is stillborn, between petition and dismissal.”
  • discussing purpose of the automatic stay
  • discussing purpose of the automatic stay

Source: CourtListener parenthetical corpus (CC0).

Judges: Ralph R. Mabey

Read full opinion on CourtListener

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.