In Re Juan O. Plata, in Re Catalina Plata, Debtors. Peter H. Arkison, Trustee v. Juan O. Plata, Catalina Plata
Court of Appeals for the Ninth Circuit
1Opinion of the Court
LEAVY, Circuit Judge:
This case presents the court with a question of first impression involving an interpretation of Chapter 12 of the Bankruptcy Code, viz., do funds acquired by the petitioners following confirmation of their reorganization plan and held by the Chapter 12 bankruptcy trustee for eventual distribution to creditors belong to the petitioners or to their creditors at the time the Chapter 12 case is converted to a Chapter 7 liquidation? We agree with the Bankruptcy Appellate Panel (“BAP”) in its affirmance of the bankruptcy court and hold that such funds revest in the petitioners…
2Cases cited14 opinions
- Carlos Resendez, Jr., and Marlene Resendez v. Dwight Lindquist, William Westphal and J. J. MickelsonCourt of Appeals for the Eighth Circuit · 1982
- Wyle v. C.H. Rider & Family (In re United Energy Corp.)Court of Appeals for the Ninth Circuit · 1991
- 13 Collier bankr.cas.2d 209, Bankr. L. Rep. P 70,649 in Re Wayne M. Nash and Jeanette Nash, Debtors. Wayne M. Nash and Jeanette Nash v. Duncan H. Kester, Trustee and National Semiconductor Federal Credit UnionCourt of Appeals for the Ninth Circuit · 1985
- In Re BullockUnited States Bankruptcy Court, E.D. Pennsylvania · 1984
- Waugh v. Saldamarco (In Re Waugh)United States Bankruptcy Court, W.D. Pennsylvania · 1988
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- Bankr. L. Rep. P 77,458 First National Bank Eureka State Bank v. Herbert Warren Allen, III Donna Mae AllenCourt of Appeals for the First Circuit · 1997
- In re HamiltonUnited States Bankruptcy Court, M.D. Tennessee · 2013
- Knudsen v. Internal Revenue ServiceCourt of Appeals for the Eighth Circuit · 2009
- In Re AndersUnited States Bankruptcy Court, D. Nevada · 1993
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