Legal Opinion
King Mountain Tobacco Company, Inc.
United States Bankruptcy Court, E.D. Washington
Decided November 24, 2020No. 20-01808Unknown
1Opinion
d:N ber 23rd, 2020 by □ ( November £ords Q&S) Whitman L. Holt wes Bankruptcy Judge FOR PUBLICATION UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF WASHINGTON In re: Case No. 20-01808-WLH1 1 KING MOUNTAIN TOBACCO COMPANY, INC., MEMORANDUM OPINION Debtor. The world is an uncertain place where risks abound. Risks an ordinary person might tolerate could be bad bets for a bankrupt business — most debtors in bankruptcy are insolvent and need to maximize their limited estates for creditors. The Bankruptcy Code therefore contains various mechanisms to shelter bankruptcy estates from risks that…
2Cases cited18 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Stern v. MarshallSupreme Court of the United States · 2011
- United States National Bank v. Independent Insurance Agents of America, Inc.Supreme Court of the United States · 1993
- Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
- Bank of Marin v. EnglandSupreme Court of the United States · 1966
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