Credit Alliance Corporation v. Gary L. Williams, and Penn Hook Coal Company, Inc. Malcolm C. Williams, Jr.

How courts have described this case

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

• stating that the plain language of § 362(a) does not apply to non-debtors and ■will not be applied absent “unusual circumstances”
• stating that automatic stay did not apply to action against nondebtor guarantor of debtor’s obligation
• stating that automatic stay did not apply to action against nondebtor guarantor of debtor's obligation
• finding that while the default judgment was void as to the debtor, the judgment could still be enforced against the debtor’s guarantors even if those guarantors would then have a claim for contribution against the debtor
• enforcing a default judgment entered against a nondebtor guarantor of a note during the pendency of the corporate obligor’s bankruptcy
• finding purpose of guaranty would be frustrated by interpreting section 362 to stay creditor’s action against non-bankrupt guarantor when the defaulting debtor petitioned for bankruptcy

Source: CourtListener parenthetical corpus (CC0).