Legal Opinion
In Re Evatt
United States Bankruptcy Court, W.D. Oklahoma
Decided January 27, 1989No. 19-10376PublishedCited by 15 opinions
1Opinion of the Court
Table of Contents
Page
I. Introduction. 407
II. Facts. 408
III. Applicable Law . 409
A. Establishment of Independent Right to Setoff. 409
B. Elements of § 553 . 410
1. Pre-Petition Debt Owed Creditor to Debtor. 410
2. Pre-Petition Debt Owed Debtor to Creditor. 412
3. Mutuality of Obligation. 412
a. Are FmHA and ASCS/CCC the same entity for setoff purposes? 412
b. Are the pre-petition debtor and debtor-in-possession the same enti- 413 ty for setoff purposes?
a* a.
C. Applicability of § 362 . r~i
D. Equitable Discretion of the Bankruptcy Court. tH
IV. Discussion. t — )
A. Agreement #1 . r — f
B. Agreement #2.…
2Cases cited25 opinions
- United States of America on Behalf of Its Agency Internal Revenue Service v. William H. Norton, Carrie W. Norton, F/k/a Carrie A. WoodwardCourt of Appeals for the Third Circuit · 1983
- Cherry Cotton Mills, Inc. v. United StatesSupreme Court of the United States · 1946
- In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.Court of Appeals for the Second Circuit · 1979
- In Re Braniff Airways, Inc.United States Bankruptcy Court, N.D. Texas · 1984
- Hill v. Farmers Home Administration (In Re Hill)United States Bankruptcy Court, N.D. Texas · 1982
20 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- United States of America, Acting Through the Agricultural Stabilization and Conservation Service v. Willis R. GerthCourt of Appeals for the Eighth Circuit · 1993
- In Re TurnerCourt of Appeals for the Tenth Circuit · 1996
- In Re MoharUnited States Bankruptcy Court, D. Montana · 1992
- United States Ex Rel. Farmers Home Administration v. Evatt (In Re Evatt)District Court, W.D. Oklahoma · 1990
- In Re AllenUnited States Bankruptcy Court, N.D. Iowa · 1992
10 more not listed; retrieve them via the Exa API.