Legal Opinion

Decker v. J. Cyril Johnson Corp. Profit Sharing Plan (In Re Harvey)

United States Bankruptcy Appellate Panel for the Ninth Circuit

Decided July 17, 1998No. BAP No. NC-97-1742-RHB, Bankruptcy No. 93-57084-JRG, Adversary No. 94-5019PublishedCited by 4 opinions

1Opinion of the Court

OPINION

RUSSELL, Bankruptcy Judge.

The bankruptcy court determined on summary judgment that the chapter 7 1 trustee could not avoid an unrecorded equitable interest in real property under § 544(a)(3) and/or Cal. Corp. Code § 15010(3) because the debtors’ schedules provided constructive notice of the creditors’ interest in the property, and the trustee thus lacked the status of a bona fide purchaser. The bankruptcy court concluded following trial that the real property and its sales proceeds belonged to a joint venture created by a prepetition agreement between the debtor/husband and the…

2Cases cited10 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. Bankr. L. Rep. P 70,935 Vance L. Ragsdale v. John Frederick Haller AKA Fred HallerCourt of Appeals for the Ninth Circuit · 1986
  3. In Re Samir B. Tleel Lupana Tleel, Debtors Joseph N. Chbat v. Samir B. Tleel Lupana Tleel Robert A. Fischer, TrusteeCourt of Appeals for the Ninth Circuit · 1989
  4. Miller v. BriggsSupreme Court of the United States · 1992
  5. Saghi v. Walsh (In Re Gurs)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983

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3Cited by4 opinions

  1. Taxel v. Chase Manhattan Bank, USA, N.A. (In Re Deuel)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2006
  2. Womack v. Horob Livestock Inc. (In Re Horob Livestock Inc.)United States Bankruptcy Court, D. Montana · 2007
  3. Cuzco Development U.S.A., LLC v. JCCHO Hawaii, LLC (In re Cuzco Development U.S.A., LLC)United States Bankruptcy Court, D. Hawaii · 2016
  4. Hillen v. WILMINGTON SAVINGS FUND SOCIETY, FSBUnited States Bankruptcy Court, D. Idaho · 2019

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