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· 12/21/1992

Unisys Finance Corporation v. Resolution Trust Corporation, as Receiver for Concordia Federal Bank for Savings

Citations

  • 979 F.2d 609

How courts have described this case

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

  • reasoning that bankruptcy law is \parallel” and \instructive” in the receivership context
  • explaining that the \lessor's damages claim is completely exhausted except for back rent\
  • “A lien is parasitic on a claim. If the claim disappears — poof! the lien is gone”
  • “A lien is parasitic on a claim. If the claim disappears—poof! the lien is gone.”
  • subsection (e)(4)(A) is “explicit in cutting offthe lessor’s right to obtain damages for the receiver’s repudiation or disaffirmance of a lease” except for specified claims
  • “A security interest cannot exist ... independent from the obligation which it secures.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Bauer, Posner, Easterbrook

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.