In re: Kvn Corporation, Inc.
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
JURY, Bankruptcy Judge.
Linda S. Green, chapter 7 1 trustee (Trustee) in the bankruptcy estate of KVN Corporation, Inc. (KVN or debtor), filed a motion seeking approval of a stipulation between Trustee and Wilshire State Bank (Bank) which contemplated a sale of the Bank’s fully encumbered property in exchange for a carve out from the lien proceeds paid to the bankruptcy estate. The bankruptcy court denied the motion and Trustee’s later filed motion for reconsideration. This appeal followed. For the reasons discussed below, we VACATE and REMAND this matter to the bankruptcy court for…
2Cases cited19 opinions
- 16 Collier bankr.cas.2d 702, Bankr. L. Rep. P 71,754 in Re K.C. MacHine & Tool Company, Debtor, June E. Morgan, Trustee the Detroit Edison Company Dery & Dery, P.C. Hill, Lewis, Adams, Goodrich & Tait v. K.C. MacHine & Tool Company, City of DetroitCourt of Appeals for the Sixth Circuit · 1987
- 16 Collier bankr.cas.2d 1509, Bankr. L. Rep. P 71,795 in Re Cascade Hydraulics and Utility Service, Inc. Central Bank of Montana, a Montana Banking Corporation v. Cascade Hydraulics and Utility Service, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1987
- A & a Sign Company, Inc. v. Rex E. Maughan, Trustee of Mayer Central Building Corporation, a DebtorCourt of Appeals for the Ninth Circuit · 1969
- Seaboard Nat. Bank v. Rogers Milk Products Co.Court of Appeals for the Second Circuit · 1927
- Viet Vu v. Kendall (In Re Viet Vu)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2000
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3Cited by23 opinions
- John Bird v. United States Bankruptcy Court for the District of UtahBankruptcy Appellate Panel of the Tenth Circuit · 2017
- In re ChristensenUnited States Bankruptcy Court, D. Utah · 2016
- In re ScogginsUnited States Bankruptcy Court, E.D. California · 2014
- In re All Island Truck Leasing Corp.United States Bankruptcy Court, E.D. New York · 2016
- In re Turner Grain Merchandising, Inc.United States Bankruptcy Court, E.D. Arkansas · 2017
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