Legal Opinion

Houston v. Eiler (In Re Cohen)

United States Bankruptcy Appellate Panel for the Ninth Circuit

Decided February 24, 2004No. BAP No. OR-03-1306-KMuB, Bankruptcy No. 02-35671-tmb13, Adversary No. 02-03586-tmbPublishedCited by 34 opinions

1Opinion of the Court

OPINION

KLEIN, Bankruptcy Judge.

The substantive question is whether appellants’ contractual right to receive funds from the settlement of a tort action can evade the trustee’s “strong-arm” avoiding power either as an automatically-perfected “payment intangible” under Revised Article 9 of the Uniform Commercial Code (“UCC”), or as an enforceable equitable assignment not subject to UCC Article 9.

The jurisdictional question is whether chapter 13 debtors have standing to exercise the trustee’s avoiding powers for the benefit of the estate.

We conclude that chapter 13 debtors have standing to…

2Cases cited32 opinions

  1. Powers v. OhioSupreme Court of the United States · 1991
  2. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  3. Dewsnup v. TimmSupreme Court of the United States · 1992
  4. In the Matter of Ronald J. Witkowski, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994
  5. United States Ex Rel. Texas Portland Cement Co. v. McCordSupreme Court of the United States · 1914

27 more not listed; retrieve them via the Exa API.

3Cited by34 opinions

  1. Fleet National Bank v. GrayCourt of Appeals for the First Circuit · 2004
  2. Funches v. Household Finance Consumer Discount Co. (In Re Funches)United States Bankruptcy Court, E.D. Pennsylvania · 2008
  3. Dawson v. Thomas (In Re Dawson)District Court, District of Columbia · 2008
  4. Hansen v. Green Tree Servicing, LLC (In Re Hansen)Bankruptcy Appellate Panel of the Tenth Circuit · 2005
  5. Gilliam v. Speier (In Re KRSM Properties, LLC)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2004

29 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API