Spaulding & Co. v. Buchanan (In Re Spaulding & Co.)

How courts have described this case

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

• finding that settlement agreement reached during bankruptcy process between debtor and creditor which benefitted third party did not create “arising in” jurisdiction for third-party beneficiary who later sued creditor because indemnification action would have an existence outside the bankruptcy
• no “related to” jurisdiction even though third party defendant might have potential claim for indemnification against debtor when no proof of claim filed by creditor seeking indemnification
• third party claim for indemnification for losses incurred in setting aside transfer of inventory was a cause of action created or determined by state law, not by title 11

Source: CourtListener parenthetical corpus (CC0).