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· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

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