· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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