Legal Opinion
Phoenix Bond & Indemnity Co. v. Shamblin (In re Shamblin)
Court of Appeals for the Ninth Circuit
Decided June 30, 1989No. 88-5840PublishedCited by 1 opinion
1Opinion of the Court
EUGENE A. WRIGHT, Circuit Judge:
Phoenix Bond & Indemnity Company, Stanford D. Marks, and DeBois Investment Group, Inc., appeal the decision of the Bankruptcy Appellate Panel. The panel reversed the bankruptcy court’s refusal to set aside the tax sale of Grace Shamblin’s real property. The panel also granted the tax sale purchaser a lien on the property to the extent of present equivalent value given. We reverse the panel’s grant of a lien to the tax sale purchaser. We affirm the panel’s decision in all other respects. FACTS
Grace and William Shamblin filed a voluntary Chapter 11 bankruptcy…
2Cases cited16 opinions
- Kalb v. FeuersteinSupreme Court of the United States · 1940
- In Re Dant & Russell, Inc., Debtors. Burlington Northern Railroad Company, Creditor-Appellant v. Dant & Russell, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1988
- In Re Eli Kenneth Mellor and Lisa Mellor, Debtors. Raymond G. Pistole and Raymond R. Bragg v. Eli Kenneth Mellor and Lisa MellorCourt of Appeals for the Ninth Circuit · 1984
- Bankr. L. Rep. P 69,953 in the Matter Of: Arthur R. Matthews, Jr., Debtor-Appellant v. Martin J. Rosene and John K. KneafseyCourt of Appeals for the Seventh Circuit · 1984
- In Re Charles Stringer, Ii, Debtor. Charles Stringer, Ii, Debtor-Appellant v. Aristela Huet, Claimant-AppelleeCourt of Appeals for the Ninth Circuit · 1988
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3Cited by1 opinion
- In Re ShamblinCourt of Appeals for the Ninth Circuit · 1989