In the Matter of Missionary Baptist Foundation of America, Inc., Debtors. Robert B. Wilson, Trustee v. Robert G. Huffman
Court of Appeals for the Fifth Circuit
1Opinion of the Court
POLITZ, Circuit Judge:
This appeal requires an examination of the “insider” status contemplated by Section 101(25) of the Bankruptcy Code of ' 1978, 11 U.S.C. § 101(25) (1978), and the subordination of an insider’s claim pursuant to Section 510(c)(1) of the Code, 11 U.S.C. § 510(c)(1). We affirm the resolution of the insider status issue and remand for further consideration and entry of findings on the subordination issue.
Facts
Land Wall, president, controller and director of Missionary Baptist Foundation of America, Inc. (MBFA), a religious non-profit corporation, filed a petition for…
2Cases cited13 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
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- 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
- In the Matter of Multiponics, Incorporated, Bankrupt. MacHinery Rental, Inc. And Carl Biehl v. William W. Herpel, TrusteeCourt of Appeals for the Fifth Circuit · 1980
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- In Re Acequia, Inc., Debtor. Acequia, Inc. v. Vernon B. ClintonCourt of Appeals for the Ninth Circuit · 1986
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