United States v. Ron Pair Enterprises, Inc.
Court of Appeals for the Sixth Circuit
1Opinion of the Court
CONTIE, Senior Circuit Judge.
Debtor Ron Pair Enterprises, Inc. appeals from the district court’s order awarding postpetition interest on an oversecured prepetition federal tax lien. The district court, in reversing the bankruptcy court’s ruling, held that section 506(b) of the 1978 Bankruptcy Code, 11 U.S.C. § 506(b), provides for the payment of such interest by its plain terms. We conclude that the language of section 506(b) does not clearly provide for the payment of such interest and, in fact, it fails to explicitly overrule the pre-Code judicially created concept disallowing the payment…
2Cases cited35 opinions
- Kelly v. RobinsonSupreme Court of the United States · 1986
- Watt v. AlaskaSupreme Court of the United States · 1981
- Midlantic National Bank v. New Jersey Department of Environmental ProtectionSupreme Court of the United States · 1986
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
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3Cited by3 opinions
- In Re: Ron Pair Enterprises, Inc.Court of Appeals for the Sixth Circuit · 1987
- In Re CorblyUnited States Bankruptcy Court, D. South Dakota · 1992
- In Re Brentwood Outpatient, Ltd.Court of Appeals for the Sixth Circuit · 1994