Lain v. ZC Specialty Insurance (In Re Senior Living Properties, L.L.C.)
United States Bankruptcy Court, N.D. Texas
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
STEVEN A. FELSENTHAL, Chief Judge.
In this adversary proceeding, Dan B. Lain, the Trustee of the Senior Living Properties L.L.C. (SLP) Trust, requests that the court declare that ZC Specialty Insurance Company (Zurich) was a partner with SLP in the ownership and operation of nursing homes in Illinois and Texas and that, as a partner, Zurich is liable for all of SLP’s debts. Zurich responds that it merely provided a surety bond for the payment of a substantial portion of SLP’s mortgage and, as a result, merely held a creditor-debtor relationship with SLP.
The trust…
2Cases cited23 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Schlumberger Technology Corp. v. SwansonTexas Supreme Court · 1997
- United States v. Dudley Lee Berry, A/K/A David Sarver, United States of America v. Jessica Linda Ann Zabish, A/K/A Joanne SarverCourt of Appeals for the Fifth Circuit · 1982
- Gene Miller v. Universal City Studios, Inc.Court of Appeals for the Fifth Circuit · 1981
- The Federal Savings & Loan Insurance Corp., Etc., and First Gibraltar Bank, Fsb, Intervenor-Appellee v. Jack GriffinCourt of Appeals for the First Circuit · 1991
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