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· 4/21/2005

Simantob v. Claims Prosecutor, LLC (In Re Lahijani)

Citations

  • 325 B.R. 282
  • 2005 Bankr. LEXIS 887
  • 44 Bankr. Ct. Dec. (CRR) 247
  • 2005 WL 1223650

How courts have described this case

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

  • stating that, “in the context of a sale or other 8 disposition of estate assets, creditors have standing to appeal . . .”
  • discussing the analytical process that a judge, as well as a trustee, must undertake in evaluating bids during the sale of estate assets
  • proposed sale of causes of action must be analyzed under both § 363 and as a compromise under the fair-and-equitable standard
  • “The court’s obligation in § 363(b) sales is to assure that optimal value is realized by the estate under the circumstances.”
  • “The court’s obligation in § 363(b) sales is to assure that optimal value is realized by the estate under the circumstances.”
  • “Objections to sale that are based on inadequacy of price are often resolved by the court ordering an auction, which may occur in open court.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Klein, Montali, Snyder

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.