Legal Opinion

Safeco Insurance Co. of America v. Farmland Industries, Inc. (In Re Farmland Industries, Inc.)

United States Bankruptcy Appellate Panel for the Eighth Circuit

Decided August 15, 2003No. 03-6014, 03-6015 WMPublishedCited by 15 opinions

1Opinion of the Court

DREHER, Bankruptcy Judge.

The issue in these appeals is the scope of bankruptcy court jurisdiction. In each case the bankruptcy court dismissed in part Appellant’s claims on the ground that the court lacked jurisdiction to decide the dispute. For the reasons stated below, we reverse.

FACTS AND PROCEDURAL HISTORY

A. The Safeco/ADM Dispute

On May 4, 2001, ADM/Farmland, Inc. (“ADM”) purchased certain grain handling facilities from Debtor, Farmland Industries, Inc. (“Debtor”). The Purchase Agreement required Debtor to provide ADM with a bond indemnifying ADM against future environmental claims.…

2Cases cited46 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  3. In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
  4. Celotex Corp. v. EdwardsSupreme Court of the United States · 1995
  5. 17 Collier bankr.cas.2d 743, Bankr. L. Rep. P 71,955 in the Matter of James P. Wood, M.D. And Carol B. Wood, Debtors. Dr. Arthur E. Wood, III v. Dr. James P. Wood, Carol Wood, Woodrow Barham & Wayne Clinic, P.A.Court of Appeals for the Fifth Circuit · 1987

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3Cited by15 opinions

  1. In Re Nat. Century Fin. Enterpr., Inc., Inv. Lit.District Court, S.D. Ohio · 2004
  2. Vincent v. Fairbanks Capital Corp. (In Re Vincent)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2003
  3. St. Francis County Farmers Ass'n v. Wright (In Re Wright)United States Bankruptcy Court, E.D. Arkansas · 2006
  4. Transamerica Financial Life Insurance v. Merrill Lynch & Co.District Court, N.D. Iowa · 2003
  5. GAF Holdings, LLC v. Rinaldi (In Re Farmland Industries, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2007

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