Legal Opinion

In re Spoverlook, LLC

United States Bankruptcy Court, D. New Mexico

Decided October 7, 2016No. Case No. 15-13018 t11PublishedCited by 6 opinions

1Opinion of the Court

OPINION

Hon. David T. Thuma, United States Bankruptcy Judge

Before the Court is Debtor’s motion to reject a state court settlement agreement with a homeowner’s association. The Court previously found the settlement agreement was an executory contract. The homeowner’s association resists rejection, arguing that it can obtain specific performance of the agreement, rejection would improperly contravene a state court order, and the proposed rejection is in bad faith. The Court disagrees and will grant Debtor’s motion,

I. FACTS

The Court finds:

Debtor is the developer of a 260-acre residential…

2Cases cited39 opinions

  1. National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
  2. Law v. SiegelSupreme Court of the United States · 2014
  3. Ohio v. KovacsSupreme Court of the United States · 1985
  4. Lubrizol Enterprises, Inc. v. Richmond Metal Finishers, Inc., in Re Richmond Metal Finishers, Inc., DebtorCourt of Appeals for the Fourth Circuit · 1985
  5. Westar Energy, Inc. v. LakeCourt of Appeals for the Tenth Circuit · 2009

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3Cited by6 opinions

  1. Mitsuwa Corp. v. Orama Hospitality Grp., Ltd. (In re Orama Hospitality Grp., Ltd.)United States Bankruptcy Court, D. New Jersey · 2019
  2. Bootjack Dairy M&D, LLCUnited States Bankruptcy Court, D. Idaho · 2023
  3. Donald J. Schroeder and Deirdre C. SchroederUnited States Bankruptcy Court, M.D. Florida · 2021
  4. Fern Elaine PaziakUnited States Bankruptcy Court, D. Nebraska · 2022
  5. John Q. Hammons Fall 2006, LLC v. United States Bankruptcy Court for the District of Kansas - Kansas CityBankruptcy Appellate Panel of the Tenth Circuit · 2017

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