Pinnacle Restaurant At Big Sky, LLC v. CH SP Acquisitions, LLC
Court of Appeals for the Ninth Circuit
1Opinion of the Court
OPINION
BLOCK, Senior District Judge:
The primary function of the Bankruptcy Code is to set out the rules for dividing up assets that are insufficient to pay a debt- or’s creditors in full. One such rule, contained in 11 U.S.C. § 363(f), authorizes a trustee in bankruptcy to sell—with some exceptions and limitations—a debtor’s assets free and clear of third-party interests. Another, contained in 11 U.S.C. § 365(h), empowers the trustee to “reject”—that is, in effect, to breach—an unexpired lease of the debtor’s property, but allows the lessee to retain any existing rights, including possession…
2Cases cited11 opinions
- Watt v. AlaskaSupreme Court of the United States · 1981
- Robertson v. Peters (In re Weisman)Court of Appeals for the Ninth Circuit · 1993
- In Re TaylorUnited States Bankruptcy Court, D. South Carolina · 1996
- Precision Industries, Inc. v. Qualitech Steel SBQ, LLC (In Re Qualitech Steel Corp.)Court of Appeals for the Seventh Circuit · 2003
- LHD Realty Corp. v. Metropolitan Life Insurance Co. (In Re LHD Realty Corp.)United States Bankruptcy Court, S.D. Indiana · 1982
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3Cited by8 opinions
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- In Re: Royal Street BistroCourt of Appeals for the Fifth Circuit · 2022
- In Re: Royal Street Bistro, LLCDistrict Court, E.D. Louisiana · 2022
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