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Legal Opinion

Federal Savings & Loan Insurance Corp. v. Moneymaker (In Re a & L Properties)

District Court, C.D. California

Decided December 23, 1988No. CV 88-04832 SVW, Bankruptcy No. LA 84-05509 SBPublishedCited by 11 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

WILSON, District Judge.

Appellant, Federal Savings and Loan Insurance Corporation (FSLIC) appeals the order of the Bankruptcy Court dismissing the Chapter 7 proceedings commenced by A & L Properties. In that Order, pursuant to 11 U.S.C. § 726(a)(5), the Bankruptcy Court awarded FSLIC interest on its claim at the federal post-judgment rate set forth in 28 U.S.C. § 1961. FSLIC appeals the determination of the interest rate and contends that it should be awarded interest at the rate set forth in the note on which its claim is based, namely fifteen percent.

Before…

2Cases cited5 opinions

  1. United States & Interstate Commerce Commission v. American Railway Express Co.Supreme Court of the United States · 1924
  2. United Rs. & Elec. Co. of Baltimore v. WestSupreme Court of the United States · 1930
  3. Chancellor v. Superior Court of California for the County of OrangeSupreme Court of the United States · 1982
  4. In Re Shaffer Furniture Co.United States Bankruptcy Court, E.D. Pennsylvania · 1987
  5. Boyer v. Bernstein (In Re Boyer)United States Bankruptcy Court, D. South Carolina · 1988

3Cited by11 opinions

  1. In Re Allegheny International, Inc.United States Bankruptcy Court, W.D. Pennsylvania · 1990
  2. In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
  3. In Re LaymonUnited States Bankruptcy Court, W.D. Texas · 1990
  4. In Re ChiapettaUnited States Bankruptcy Court, E.D. Pennsylvania · 1993
  5. In Re MelenyzerUnited States Bankruptcy Court, W.D. Texas · 1992

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