In the Matter of Wayne M. Laymon, Debtor. Theron Bradford, Trustee v. James Crozier, Trustee
Court of Appeals for the Fifth Circuit
1Opinion of the Court
THORNBERRY, Circuit Judge:
The appellant, an oversecured creditor, appeals from the district court’s affirmance of the bankruptcy court’s decision awarding post-petition interest on appellant’s ov-ersecured claim at the federal judgment interest rate rather than at the contractual default rate. Because we find that the district court and bankruptcy court incorrectly interpreted the Supreme Court’s opinion in United States v. Ron Pair Enterprises, Inc., 489 U.S. 235, 109 S.Ct. 1026, 103 L.Ed.2d 290 (1989), and incorrectly applied the federal judgment interest rate as the applicable rate of…
2Cases cited17 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Pennsylvania Department of Public Welfare v. DavenportSupreme Court of the United States · 1990
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- In the Matter of Consolidated Bancshares, Inc., D/B/A Consolidated Investors, Inc., Debtor. Pierson & Gaylen, Ray & Terrell & Grubbs, Cross- v Creel & Atwood and Jack Bryant, Cross-AppellantsCourt of Appeals for the Fifth Circuit · 1986
12 more not listed; retrieve them via the Exa API.
3Cited by89 opinions
- Southland Corp. v. Toronto-Dominion (In Re Southland Corp.)Court of Appeals for the Fifth Circuit · 1998
- Official Committe of Unsecured Creditors v. MoellerCourt of Appeals for the Fifth Circuit · 2015
- In Re Consolidated Properties Ltd. PartnershipUnited States Bankruptcy Court, D. Maryland · 1993
- In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
- Fischer Enterprises, Inc. v. Geremia (In Re Kalian)United States Bankruptcy Court, D. Rhode Island · 1995
84 more not listed; retrieve them via the Exa API.