Legal Opinion
In Re Koneta
United States Bankruptcy Court, D. Arizona
Decided December 8, 2006No. 4:05-BK-08127-JMMPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM DECISION RE: EFFECT OF OPTION CONTRACT
JAMES M. MARLAR, Bankruptcy Judge.
The parties have briefed legal issues to the court, and have made arguments concerning the legal effect of a pre-petition option contract. After consideration of the arguments, the undisputed documents, the undisputed chronology of facts, and the law, the court now decides the issues, and explains its reasoning.
FACTS
On August 12, 2005, the Debtor (“Koneta”) and Shirley Mac and Kevin Tucker (collectively, “Mac”) entered into a “Lease/Purchase Agreement” for a commercial piece of real property located in Bisbee,…
2Cases cited5 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- In Re Robert L. Helms Construction And Development Co., Inc.Court of Appeals for the Ninth Circuit · 1998
- Bankr. L. Rep. P 73,158 United States of America v. William GoodsteinCourt of Appeals for the Seventh Circuit · 1989
- In Re Weisser Eyecare, Inc.United States Bankruptcy Court, N.D. Illinois · 2000
- 240 North Brand Partners, Ltd. v. Colony GFP Partners, L.P. (In Re 240 North Brand Partners, Ltd.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1996
3Cited by2 opinions
- Austin v. BFW Liquidation, LLC (In Re BFW Liquidation, LLC)United States Bankruptcy Court, N.D. Alabama · 2012
- Kirschenbaum v. Nassau County District Attorney (In Re Vitta)United States Bankruptcy Court, E.D. New York · 2009