Legal Opinion
Grissom v. Johnson (In re Grissom)
Court of Appeals for the Eleventh Circuit
Decided March 17, 1992No. 90-8890PublishedCited by 9 opinions
1Opinion of the Court
BIRCH, Circuit Judge:
This case requires us to interpret 11 U.S.C. § 548 (1988) (“Section 548”), an important section of federal bankruptcy law. This provision allows a trustee of a bankruptcy estate to avoid a foreclosure sale of a debtor’s property if that sale brings less than a “reasonably equivalent value” of the property. Id. § 548(a)(2)(A). In construing Section 548, we must respect the rights of secured creditors who lawfully foreclose on collateral. At the same time, however, we must endeavor to prevent foreclosure sales which unnecessarily deplete the resources of a bankruptcy…
2Cases cited21 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- J. W. Durrett, Sr. v. The Washington National Insurance Co.Court of Appeals for the Fifth Circuit · 1980
- E.J. Wilson, Dearest Davis, and Cassandra Linder, Plaintiffs v. Roland AttawayCourt of Appeals for the Eleventh Circuit · 1985
- In the Matter of Barbara Garfinkle, Bankrupt. Arthur Dooley, Trustee, and Penthouse International, Ltd. v. Kenneth J. Weil, Trustee in BankruptcyCourt of Appeals for the Eleventh Circuit · 1982
- In Re Judith Lynne Madrid, Debtor. Judith Lynne Madrid v. Lawyers Title Insurance Corp., and Donald TurneyCourt of Appeals for the Ninth Circuit · 1984
16 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)United States Bankruptcy Court, M.D. Florida · 2000
- Federal National Mortgage Ass'n v. Fitzgerald (In Re Fitzgerald)United States Bankruptcy Court, D. Connecticut · 1999
- Sensenich v. Molleur (In Re Chase)United States Bankruptcy Court, D. Vermont · 2005
- Sharp Ex Rel. Commercial Financial Services, Inc. v. Chase Manhattan Bank USA, N.A. (In Re Commercial Financial Services, Inc.)United States Bankruptcy Court, N.D. Oklahoma · 2005
- Gutierrez v. Lomas Mortgage (In Re Gutierrez)United States Bankruptcy Court, W.D. Texas · 1993
4 more not listed; retrieve them via the Exa API.