Bala v. Kaler (In Re Racing Services, Inc.)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
SCHERMER, Bankruptcy Judge.
Susan Bala (“Claimant”) appeals the bankruptcy court’s 1 order subordinating her administrative expense claim against the bankruptcy estate of Racing Services, Inc. (“RSI”) for post-petition rent. We have jurisdiction over this appeal from the final order of the bankruptcy court. See 28 U.S.C. § 158(b). For the reasons set forth below, we affirm.
ISSUES
The issue on appeal is whether the bankruptcy court abused its discretion when it equitably subordinated the Claimant’s administrative expense claim to the claims of all other creditors of RSI. In order to answer this…
2Cases cited9 opinions
- Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
- Pepper v. LittonSupreme Court of the United States · 1939
- In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
- Heiser v. WoodruffSupreme Court of the United States · 1946
- 20 Collier bankr.cas.2d 19, Bankr. L. Rep. P 72,385, 7 Ucc rep.serv.2d 656 in Re Bellanca Aircraft Corporation, Debtor (Three Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas Corporation, (Two Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas CorporationCourt of Appeals for the Eighth Circuit · 1988
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3Cited by17 opinions
- In Re the Heritage Organization, L.L.C.United States Bankruptcy Court, N.D. Texas · 2007
- Burival v. Creditor Committee (In Re Burival)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2009
- In Re Racing Services, Inc.Court of Appeals for the Eighth Circuit · 2009
- M & S Grading, Inc. v. M & S Grading, Inc.Court of Appeals for the Eighth Circuit · 2008
- Chira v. Salkin (In Re Chira)District Court, S.D. Florida · 2007
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