Citybank v. Udhus (In Re Udhus)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
HAGAN, Bankruptcy Judge.
I
The Appellant, CityBank, loaned the Ap-pellee, Donald Udhus, doing business as Times Square Antique and Craft Mall, $595,-714.04, secured by real property known as the Times Square Antique & Craft Mall. Udhus defaulted in his payments and filed a chapter 11 1 petition. His third chapter 11 plan provided for a sale of the real property at a price sufficient to allow payment of all creditors in full. The plan also provided for a cure of the default in the CityBank loan. CityBank filed a claim in the chapter 11 case including demands for default interest and…
2Cases cited17 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
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- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
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- In the Matter of Madison Hotel Associates, D/B/A the Concourse Hotel, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1984
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- In Re Phoenix Business Park Ltd. PartnershipUnited States Bankruptcy Court, D. Arizona · 2001
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