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· 5/5/1997

Gens v. Resolution Trust Corp.

Citations

  • 112 F.3d 569
  • 32 U.C.C. Rep. Serv. 2d (West) 885
  • 1997 U.S. App. LEXIS 9868
  • 30 Bankr. Ct. Dec. (CRR) 973
  • 1997 WL 212983

How courts have described this case

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

  • rejecting as prejudice that other creditors simply will receive less in a distribution if a claim amendment is permitted
  • rejecting debtor’s argument that “allowing the . . . amendment prejudices unsecured creditors, who may receive less under any reorganization plan that would have been received were the … claim not allowed.”
  • noting the relaxed standard of the Federal Rules that allows alternative pleadings
  • unsecured creditors receiving less because of an amendment to a proof of claim is insufficient to show prejudice
  • amendment to proof of claim allowed when the amendment substituted the real party in interest as claimant; amendment caused no prejudice where the claim otherwise remained the same
  • “[A] simple substitution of the real party in interest . . . for a related party mistakenly listed in the original POC . . . represents a proper ground for amendment.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Selya, Cyr, Stahl

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.