Legal Opinion

Bankruptcy Receivables Management v. De Armond (In Re De Armond)

United States Bankruptcy Court, C.D. California

Decided September 30, 1999No. Bankruptcy No. LA 98-40113-SB. Adversary No. LA 98-03021-SBPublishedCited by 9 opinions

1Opinion of the Court

OPINION ON MOTION TO APPROVE COMPROMISE AND TO DISMISS ADVERSARY PROCEEDING

SAMUEL J. BUFFORD, Bankruptcy Judge.

I. INTRODUCTION

Plaintiff Bankruptcy Receivables Management (BRM) has made claims in this adversary proceeding against the debtors Reynold and Laura de Armond under Bankruptcy Code §§ 727 (denial of discharge) and 523 (exceptions to discharge). 1 BRM now proposes (after insufficient notice to creditors) to abandon its § 727 claims and to compromise its § 523 claim for approximately 50% of the original demand.

The court holds that the simultaneous settlement of a § 523 claim and…

2Cases cited17 opinions

  1. Meinhard v. SalmonNew York Court of Appeals · 1928
  2. Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
  3. In Re a & C Properties, Debtors. William W. Martin, Superseded by Gilbert Robinson, in Intervention v. William E. Kane, Barbara Kelly, K & K Properties, Inc., and Investors Replacement, Inc., William W. Martin, Objectors-Plaintiffs-Appellants v. Gilbert Robinson, Trustee in Bankruptcy, in InterventionCourt of Appeals for the Ninth Circuit · 1986
  4. Peoples State Rank of Mazeppa v. Drenckhahn (In Re Drenckhahn)United States Bankruptcy Court, D. Minnesota · 1987
  5. In Re MooreUnited States Bankruptcy Court, E.D. Tennessee · 1985

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3Cited by9 opinions

  1. Wolinsky v. Maynard (In Re Maynard)District Court, D. Vermont · 2001
  2. In Re LevineUnited States Bankruptcy Court, E.D. Michigan · 2002
  3. Lindauer v. Traxler (In Re Traxler)United States Bankruptcy Court, E.D. Texas · 2002
  4. Peterson-Marone Construction, LLC. v. McKissack (In Re McKissack)United States Bankruptcy Court, D. Colorado · 2005
  5. Butler v. Almengual (In Re Almengual)United States Bankruptcy Court, M.D. Florida · 2003

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