Beal Bank, SSB v. Waters Edge Limited Partnership

How courts have described this case

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

• finding that insider private transactions, which by their nature are not arm’s length transactions, “raise the very real spectre that insiders might receive favorable terms at the expense of creditors”, and therefore require heightened scrutiny
• a secured creditor has no right to credit bid in a transaction for sale of property not subject to creditor’s lien

Source: CourtListener parenthetical corpus (CC0).