In Re J. David Dominelli, Debtors. M. Larry Lawrence v. Steinford Holding B v. a Netherlands Corporation

PREGERSON, Circuit Judge:

Appellant M. Larry Lawrence (“Lawrence”), a junior lienholder on a jet owned by the bankruptcy estate of J. David. Domi-nelli (“Dominelli”), brought suit against ap-pellee Steinford Holding B.V. (“Steinford”), a senior lienholder on the jet. Lawrence objected to Steinford’s lien on the ground that the loan from which it derived was usurious. The bankruptcy court held that Lawrence could not attack the loan as usurious because the estate’s trustee had brought and then settled a usury claim against Steinford. The district court affirmed the bankruptcy court’s ruling.…