In Re Valdez Fisheries Development Association, Inc., Debtor. Sea Hawk Seafoods, Inc. v. State of Alaska
Court of Appeals for the Ninth Circuit
1Opinion of the Court
SCHWARZER, Senior District Judge.
We must decide whether a bankruptcy court, which had approved a settlement agreement, had jurisdiction to interpret that agreement in an adversary proceeding between two creditors brought after the closing and dismissal of the underlying bankruptcy case. We conclude that, in the circumstances of this case, the bankruptcy court lacked jurisdiction and we therefore reverse the district court’s order.
FACTS
Appellant Sea Hawk Seafoods, Inc., (“Sea Hawk”) owns a seafood processing plant in Valdez, Alaska. In April 1995, Sea Hawk brought suit in the Alaska Superior…
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