In Re Cimarron Investors, Debtor. Cimarron Investors v. Wyid Properties
Court of Appeals for the Ninth Circuit
1Opinion of the Court
SNEED, Circuit Judge:
Cimarron Investors (Cimarron) appeals the Bankruptcy Appellate Panel’s affirmance of the bankruptcy court’s order modifying the automatic stay. We reverse in light of the Supreme Court’s recent decision in United Sav. Ass’n v. Timbers of Inwood Forest Assoc., Ltd., — U.S. — , 108 S.Ct. 626, 98 L.Ed.2d 740 (1988).
I
FACTS AND PROCEEDINGS BELOW
Cimarron is a limited partnership whose only asset was a 120-unit apartment complex in Glendale, Arizona. WYID Properties (WYID) was a secured creditor of Ci-marron. WYID is the holder of a note secured by a deed of trust against the…
2Cases cited4 opinions
- Chevron Oil Co. v. HusonSupreme Court of the United States · 1971
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
- In Re Bubble Up Delaware, Inc., a Delaware Corporation, Debtor. Irving Sulmeyer and Arnold Kupetz, Co-Trustees v. United StatesCourt of Appeals for the Ninth Circuit · 1982
3Cited by19 opinions
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- National City Bank v. Elliott (In Re Elliott)Bankruptcy Appellate Panel of the Sixth Circuit · 1997
- Wiersma v. O.H. Kruse Grain & Milling (In Re Wiersma)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2005
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