Scherer v. Federal National Mortgage Ass'n (In Re Terrace Chalet Apartments, Ltd.)
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ALESIA, District Judge.
On June 16, 1993, the Appellants, Franz and Use Scherer, appealed to this court to challenge a bankruptcy court’s order authorizing the sale of an asset in which the Scherers have a security interest. The Scherers argue the bankruptcy court erred because it did not condition the sale upon compliance with state foreclosure law. In the alternative, they argue the bankruptcy order violates Section 363(f) of the Bankruptcy Code. The Appellees, Terrace Chalet Apartments and the Federal National Mortgage Association, argue that the sale need not…
2Cases cited30 opinions
- Reiter v. Sonotone Corp.Supreme Court of the United States · 1979
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- In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
- In the Matter of Sandy Ridge Development Corporation, Debtor. Sandy Ridge Development Corporation v. Louisiana National BankCourt of Appeals for the Fifth Circuit · 1989
- Turman v. MoralesSupreme Court of the United States · 1982
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