· 5/11/1982
In the Matter of Edc Holding Company, Debtors. Appeal of Official Creditors' Committee of Wsc Sales Company
Citations
- 676 F.2d 945
- 6 Collier Bankr. Cas. 2d 882
- 1982 U.S. App. LEXIS 19366
- 9 Bankr. Ct. Dec. (CRR) 137
- 94 Lab. Cas. (CCH) 13,530
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- construing § 364(e), which in relevant part is identical to. § 363(m)
- “no allowance will be made to a creditor’s attorney for proving his client’s claim”
- “The proper recourse for the objecting creditor is to get the transaction stayed pending appeal.”
- “We assume the statute was intended to protect not the lender who seeks to take advantage of a lapse in oversight by the bankruptcy judge but the lender who believes his priority is valid but cannot be certain that it is, because of objections that might be upheld on appeal.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Wood, Cudahy, Posner
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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