· 5/9/1991
In Re Richard Buick, Inc.
Citations
- 126 B.R. 840
- 1991 Bankr. LEXIS 640
- 1991 WL 74693
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- upholding full payment of trade claims but only 5% recovery for other unsecured claims because full payment of the trade claims was necessary to the future success of the debtor's business
- while bankruptcy courts have some level of duty to independently review Chapter 11 plans, a sua sponte 'detailed investigation of all aspects of a debtor’s plan is not appropriate
- “Throughout the Code, the burden of proving the ‘validity, priority, and extent’ of security interests lies upon the creditors asserting such interests.”
Source: CourtListener parenthetical corpus (CC0).
Judges: David A. Scholl
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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