Popular Auto, Inc. v. Reyes-Colon (In Re Reyes-Colon)
Court of Appeals for the First Circuit
1Opinion of the Court
KAYATTA, Circuit Judge.
Edgar Reyes-Colon ("Reyes-Colon"), a licensed plastic surgeon specializing in facial cosmetic surgery, allegedly failed to repay certain debts. In November 2006, one of his creditors, Banco Popular de Puerto Rico ("Banco Popular"), filed an involuntary bankruptcy petition that a second creditor, Popular Auto (collectively, "the Banks"), joined. Under 11 U.S.C. § 303 (b), fewer than three petitioning creditors cannot force a debtor into bankruptcy unless the debtor has fewer than twelve creditors in total. So the parties embarked on what has now turned into twelve years…
2Cases cited30 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Roadway Express, Inc. v. PiperSupreme Court of the United States · 1980
- Marrama v. Citizens Bank of Mass.Supreme Court of the United States · 2007
- Law v. SiegelSupreme Court of the United States · 2014
- Schwab v. ReillySupreme Court of the United States · 2010
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