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· 4/21/2000

Commercial Financial Services, Inc. v. Jones (In Re Commercial Financial Services, Inc.)

Citations

  • 251 B.R. 397
  • 2000 Bankr. LEXIS 850
  • 2000 WL 1072162

How courts have described this case

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

  • holding that court had core jurisdiction over plaintiffs non-core breach of contract claim based on defendant’s setoff defense
  • concluding that by asserting a defense of set-off, the creditor had asserted “a breach of contract claim against the estate and invoked the bankruptcy court’s core jurisdiction”
  • concluding that the court had core jurisdiction over the debtor’s breach of contract claim and defendant’s setoff defense because the setoff defense invoked the bankruptcy court’s core jurisdiction as a claim against the estate
  • by asserting a setoff claim against the debtor, defendant invoked the bankruptcy court’s core jurisdiction, even though defendant had not filed a proof of claim
  • “[T]his proceeding is related to the bankruptcy case because its outcome may have an effect on the resources available for distribution to creditors of the estate.”
  • “[F]rom a logical and equitable standpoint, a defendant cannot assert that he and the debtor have ‘mutual debts and claims’ for the purpose of setoff without asserting a claim against the estate.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Dana L. Rasure

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.