Conoco, Inc. v. Styler

How courts have described this case

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

• “the ‘same transaction’ analysis [for recoupment] involved an examination of the parties’ equities”
• “[W]e review the bankruptcy court’s legal determinations de novo . . . .”
• “Recoupment allows the defendant, in a suit between the estate and another, to show that because of matters arising out of the transaction sued on, he or she is not liable in full for the plaintiffs claim.”
• “[Recoupment functions like a security interest, in that it grants priority to a creditor’s claim in the bankruptcy estate in so far as the estate has a claim against the creditor arising from the ‘same transaction’ as the creditor’s claim.”

Source: CourtListener parenthetical corpus (CC0).