Salem Mills, Inc. v. Wisconsin Tool & Stamping Co. (In Re Salem Mills, Inc.)

How courts have described this case

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

• observing that “[a]bsent the filing of a proof of claim involving a third-party indemnification action, it is unknown whether the original indemnitor will assert a claim if prevailing”
• stating that even if a proof of claim is filed, a court must still value the claim and determine “the true impact the third-party proceeding may have upon the allocation of assets among creditors, if any”
• court had jurisdiction over creditor’s third party action only because creditor filed a timely indemnification claim against debtor
• “If a proceeding is related to the underlying bankruptcy by virtue of an indemnification agreement against the debt- or, there must be something to evidence the impact, like a proof of claim----”

Source: CourtListener parenthetical corpus (CC0).