In Re PSA, Inc.

How courts have described this case

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

• holding that state law permitted defendant to set off a debt owed him by the Plaintiff against the claim of the Plaintiff against him
• holding that “a right to setoff must be established under state law so that the 26 debtor then may assert the setoff as a defense reserved by § 558.”
• holding debtor entitled to exercise state law right of setoff under § 558
• stating that “the prepetition/postpetition distinctions are irrelevant under § 558”
• finding it unnecessary to require the debtor to engage in a separate action to pursue its claim
• prepetition/postpetition distinctions are irrelevant under § 558

Source: CourtListener parenthetical corpus (CC0).