United States Abatement Corp. v. Mobil Exploration & Producing U.S., Inc. (In re United States Abatement Corp.)
Court of Appeals for the Fifth Circuit
1Per curiam
The principal issue presented by this bankruptcy appeal implicates the concept of re-coupment. The specific question we must answer today is whether Appellants/Cross-Appellees Mobil Exploration and Producing, U.S., Inc. and Mobil Exploration and Producing North America, Inc. (collectively, Mobil) may recoup from a debt to Appellee/Cross-Appellant USA Abatement Corporation (USA) the dollar amount of all liens asserted against Mobil’s property by USA’s subcontractors and vendors whom USA failed to compensate. Concluding that Mobil is entitled to recoup its payments to the lien claimants, we…
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