In Re Ida v. Reider and James M. Reider, Debtors. Ida v. Reider v. Federal Deposit Insurance Corporation
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
ANDERSON, Circuit Judge:
I. INTRODUCTION
In this case of first impression, we address the propriety of substantive consolidation of the estates of debtors who are spouses. This appeal arises from the district court’s affir-mance of the bankruptcy court’s order substantively consolidating estate of debtor Ida V. Reider with that of her husband. For the reasons that follow, we reverse the judgment of the district court.
II. FACTS
A corporation owned by Ida and James Reider operated a horse breeding business, Clermont Farms, Inc., using land owned by Ida Reider. The Reider’s primary stud,…
2Cases cited34 opinions
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