Legal Opinion

Cajun Electric Power Cooperative, Inc. v. Central Louisiana Electric Co.

Court of Appeals for the Fifth Circuit

Decided November 21, 1995No. 95-30760PublishedCited by 35 opinions

1Opinion of the Court

REYNALDO G. GARZA, Circuit Judge:

Appellants appeal from the appointment of a trustee in a Chapter 11 bankruptcy. For the reasons stated below, we vacate the appointment of a trustee and remand for further proceedings.

I

BACKGROUND

This is an appeal from the district court’s appointment of a trustee for Cajun Electric Power Cooperative, Inc. (“Cajun”). The district court appointed a trustee because it found that conflicts of interest existed among Cajun’s board members, and because it felt that the appointment of a trustee would be in the best interest of all parties.

Cajun’s financial problems…

2Cases cited14 opinions

A.H. Robins Co. v. PiccininCourt of Appeals for the Fourth Circuit · 1986
In re Amatex Corp.Court of Appeals for the Third Circuit · 1985
In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989
Matter of Cash Currency Exchange, Inc., Debtors. Cash Currency Exchange, Inc. v. Donald C. Shine, ReceiverCourt of Appeals for the Seventh Circuit · 1985
In Re El San Juan Hotel, Debtor, Appeal of Hector M. Rodriguez-EstradaCourt of Appeals for the First Circuit · 1987

9 more not listed; retrieve them via the Exa API.

3Cited by35 opinions

In Re Marvel Entertainment Group, Inc.Court of Appeals for the Third Circuit · 1998
Official Committee of Unsecured Creditors v. Cajun Electric Power Cooperative, Inc. Ex Rel. MabeyCourt of Appeals for the Fifth Circuit · 1997
AFI Holding, Inc. v. BrownCourt of Appeals for the Ninth Circuit · 2008
In Re: American Preferred Prescription, Inc., Debtor. Kenneth P. Silverman, Esq., Trustee-Appellant v. Tracar, S.A.Court of Appeals for the Second Circuit · 2001
Walden v. WalkerCourt of Appeals for the Eleventh Circuit · 2008

30 more not listed; retrieve them via the Exa API.