Town Center Flats, LLC v. ECP Commercial II LLC
Court of Appeals for the Sixth Circuit
1Opinion of the Court
OPINION
JANE B. STRANCH, Circuit Judge.
This bankruptcy case centers on property rights in an assigned stream of rents. The extent of a debtor’s rights in those rents under Michigan law determines whether the rents are properly included in a Chapter 11 bankruptcy estate. The bankruptcy court decided that an assignment of rents creates a security interest, but does not change ownership, and held that an assignor continues to have a property interest in the rents. Accordingly, the bankruptcy court included the rents in the bankruptcy estate. The district court vacated the order of the bankruptcy…
2Cases cited19 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Butner v. United StatesSupreme Court of the United States · 1979
- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- Lewis v. Manufacturers National Bank of DetroitSupreme Court of the United States · 1961
- In Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis and Crittenden Abstract & Title Co., Inc. Chicago Title Insurance Company, Intervenor, in Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis, Crittenden Abstract & Title Co., Inc., Chicago Title Insurance Company, IntervenorCourt of Appeals for the Eighth Circuit · 1985
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3Cited by10 opinions
- In re Skymark Props. Ii, LLCUnited States Bankruptcy Court, E.D. Michigan · 2019
- Irons v. Maginnis (In re Irons)United States Bankruptcy Court, N.D. Ohio · 2017
- Timothy Miller v. Jason WylieCourt of Appeals for the Sixth Circuit · 2024
- CII Parent, Inc.United States Bankruptcy Court, D. Delaware · 2023
- Charles Hunter v. United StatesCourt of Appeals for the Sixth Circuit · 2019
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