Legal Opinion
Palo Verde Management & Financial Services Co. v. Nash (In Re Nash)
United States Bankruptcy Appellate Panel for the Ninth Circuit
Decided April 9, 1986No. BAP Nos. A2-85-1046-MAbV, AZ-85-1047-MAbV, Bankruptcy No. B-83-2590-PHX-GBN, Adv. No. HPublishedCited by 3 opinions
1Opinion of the Court
OPINION
MEYERS, Bankruptcy Judge:
I
These are two appeals from the granting of parallel motions for relief from the automatic stay on a single-family residence owned by one of the Debtors, Albert Nash, who controlled the other debtor, Ware Properties, Inc. Both debtors are in separate Chapter 7 proceedings. Nash had issued a note to Ware Properties which was negotiated to the Appellee, Palo Verde Management and Financial Services Company (“Palo Verde”). This note is secured by a lien on the residence. Palo Verde moved in each bankruptcy proceeding to lift the automatic stay.
Mary Ward intervened…
2Cases cited12 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- In Re Earl William Teichman, Debtor. Barbara F. Teichman, Cross-Appellant v. Earl William Teichman, Cross-AppelleeCourt of Appeals for the Ninth Circuit · 1985
- Employer's Liability Assurance Corporation v. LuntArizona Supreme Court · 1957
- Handy v. GordonCalifornia Supreme Court · 1967
- Chapman v. FieldArizona Supreme Court · 1979
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3Cited by3 opinions
- Woodworking Enterprises, Inc. v. Baird (In Re Baird)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1990
- Birdsell v. Fort McDowell Sand & Gravel (In Re Sanner)United States Bankruptcy Court, D. Arizona · 1998
- Palo Verde Management & Financial Services Co. v. Nash (In Re Nash)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986