Legal Opinion
In re Edwards
Court of Appeals for the Seventh Circuit
Decided May 4, 1992No. 91-1577PublishedCited by 12 opinions
1Opinion of the Court
POSNER, Circuit Judge.
The bona fide purchaser at a bankruptcy sale gets good title. That principle, although qualified as we shall see, decides this appeal, in which the specific issue is the validity of a judicially approved sale of a portion of a bankrupt estate without notice to one of the debtor’s secured creditors.
Arlo Edwards filed for bankruptcy in 1986 under Chapter 13 of the Bankruptcy Code, which (like its better-known corporate counterpart, Chapter 11) allows the debtor to retain possession of his property, though as the fiduciary of his creditors and subject to the supervision of…
2Cases cited26 opinions
- Fay v. NoiaSupreme Court of the United States · 1963
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- Stoll v. GottliebSupreme Court of the United States · 1938
- Samuel Nemaizer, General Manager of the New York Coat, Suit, Dress, Rainwear and Allied Workers' Union I.L.G.W.U. v. Jack Baker, an IndividualCourt of Appeals for the Second Circuit · 1986
- Treinies v. Sunshine Mining Co.Supreme Court of the United States · 1940
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3Cited by12 opinions
- In re Vista-Pro Auto., LLCCourt of Appeals for the Sixth Circuit · 2024
- Clements v. 3M Electronic MonitoringDistrict Court, M.D. Florida · 2021
- Destileria Nacional, Inc. v. Porfirio E. Diaz-Torres, et al.United States Bankruptcy Court, D. Puerto Rico · 2021
- In re Argon Credit LLC v. Fund Recovery Services, LLCUnited States Bankruptcy Court, N.D. Illinois · 2021
- Matter of Zale Corp.Court of Appeals for the Fifth Circuit · 1995
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