In Re Pilz Compact Disc, Inc.

How courts have described this case

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

• “Abandonment.. .removes property from the bankruptcy estate and returns the property to the debtor as though no bankruptcy occurred.”
• “[T]he effect of abandonment is to divest the trustee [of] any interest in [the abandoned] property.”
• “By virtue of section 554(c), unadministered property is statutorily abandoned to the debtor at the conclusion of the case. There is little practical distinction between abandonment achieved by motion under section 554(a

Source: CourtListener parenthetical corpus (CC0).