In Re Wolverton Associates, Debtor. Wickland Oil Company v. Official Creditors' Committee
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OVERVIEW
CHOY, Circuit Judge:
This case involves a dispute among creditors of Wolverton Associates. The Official Creditors’ Committee (“Committee”) contended at trial that the appellant creditor, Wickland Oil Company (“Wickland”), engaged in a course of conduct that allowed it to receive a postpetition transfer of Wol-verton Associates’ interest in property located in Vacaville, California. The Committee asserted that the leasehold had a bonus value of approximately $100,000.00. Additionally, the Committee averred that Wickland acted in conscious disregard of the rights of the other creditors,…
2Cases cited15 opinions
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