Grantham v. Cory (In Re Flamingo 55, Inc.)

OPINION

FERNANDEZ, Circuit Judge:

Gregory Grantham and John Saba appeal the district court’s order affirming the bankruptcy court’s decision 1 that they were not entitled to subrogation pursuant to the provisions of 11 U.S.C. § 509. 2 We affirm.

The bankruptcy court issued a lengthy and detailed opinion dealing with the facts and issues before it and we perceive no reason to iterate the details of its discussion. 3 Therefore, we adopt the bankruptcy court’s statements of facts in part II of its decision. In re Flamingo 55, 378 B.R. 893, 900-04 (Bankr.D.Nev.2007).

With one clarification and one…