Legal Opinion

In Re: The Woodson Company, Debtor. Fireman's Fund Insurance Companies v. William B. Grover, Trustee, and Official Unsecured Creditors' Committee

Court of Appeals for the Ninth Circuit

Decided March 25, 1987No. 85-2698, 85-2714PublishedCited by 57 opinions

1Opinion of the Court

FLETCHER, Circuit Judge:

Appellant, trustee in bankruptcy, appeals from a summary judgment excluding assets from the bankrupt estate. We reverse and remand.

FACTS

In 1984, the debtor, Woodson Company (Woodson), a licensed mortgage broker, filed under chapter 11 of the Bankruptcy Code. At the time of bankruptcy Woodson had a loan portfolio worth $65 million composed of approximately 380 loans secured by deeds of trust to real estate; approximately 2,200 investors furnished the funds for the loans.

Typically, Woodson located and evaluated proposed loans and potential borrowers. Woodson Investors,…

2Cases cited14 opinions

  1. Gillespie v. United States Steel Corp.Supreme Court of the United States · 1964
  2. Helvering v. F. & R. Lazarus & Co.Supreme Court of the United States · 1939
  3. In re Saco Local Development Corp.Court of Appeals for the First Circuit · 1983
  4. In Re Robert J. Mason, Debtor. Robert J. Mason v. Integrity Insurance Company and Sherwood & Roberts, Inc.Court of Appeals for the Ninth Circuit · 1983
  5. 9 Collier bankr.cas.2d 598, Bankr. L. Rep. P 69,390 in Re Exennium, Inc., Dba Axiom Television, Griffeys Tv and Appliances, Griffeys House of Portables, Griffeys Tv and Portables, Griffeys Electronics, Debtor. Irving Sulmeyer, Trustee v. Karbach Enterprises, a California Limited PartnershipCourt of Appeals for the Ninth Circuit · 1983

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3Cited by57 opinions

  1. In Re Manville Forest Products Corporation, Debtor. Gulf States Exploration Co. v. Manville Forest Products CorporationCourt of Appeals for the Second Circuit · 1990
  2. In Re Vylene Enterprises, Inc., Debtor. Vylene Enterprises, Inc. v. Naugles, Inc.Court of Appeals for the Ninth Circuit · 1992
  3. In Re Straightline Investments, Inc.Court of Appeals for the Ninth Circuit · 2008
  4. Sea Harvest Corp. v. Riviera Land Co.Court of Appeals for the Ninth Circuit · 1989
  5. T & B Scottdale Contractors, Inc. v. United StatesCourt of Appeals for the Eleventh Circuit · 1989

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

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