Legal Opinion
Calstar Corp. v. Debbie Reynolds Hotel & Casino, Inc. (In Re Debbie Reynolds Hotel & Casino, Inc.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
Decided August 13, 1999No. BAP No. NV-98-1862-RyKBu. Bankruptcy Nos. 97-25089-RCJ, 97-25090-RCJ, 97-25091-RCJPublishedCited by 3 opinions
1Opinion of the Court
OPINION
RYAN, Bankruptcy Judge.
After- confirmation of a chapter 11 2 liquidating plan, the bankruptcy court approved the sale of hotel and casino property belonging to debtors-in-possession Debbie Reynolds Hotel & Casino, Inc., Debbie Reynolds Management Company, Inc., and Debbie Reynolds Resorts, Inc. (“Debtors”) for $10,650,000.
Debtors’ attorney, Lenard Sehwartzer of Hale, Lane, Peek, Dennison, Howard and Anderson, subsequently informed Resort Funding, Inc. (“RFI”), an oversecured creditor, that he intended to seek a surcharge against RFI and other secured creditors pursuant to § 506(c) for…
2Cases cited26 opinions
- In Re a & C Properties, Debtors. William W. Martin, Superseded by Gilbert Robinson, in Intervention v. William E. Kane, Barbara Kelly, K & K Properties, Inc., and Investors Replacement, Inc., William W. Martin, Objectors-Plaintiffs-Appellants v. Gilbert Robinson, Trustee in Bankruptcy, in InterventionCourt of Appeals for the Ninth Circuit · 1986
- In the Matter of Trim-X, Inc., Debtor. Appeal of Maurice Levine, Trustee in BankruptcyCourt of Appeals for the Seventh Circuit · 1983
- Cutright v. United StatesSupreme Court of the United States · 1992
- 15 Collier bankr.cas.2d 563, Bankr. L. Rep. P 71,437 in Re McKeesport Steel Castings Company. In Re McKeesport Steel Castings Company, Debtor. Equitable Gas Co. v. Equibank N.A., Condec Corporation. Appeal of Equitable Gas Company, a Division of Equitable Resources, Inc., MovantCourt of Appeals for the Third Circuit · 1986
- In Re Jkj Chevrolet, Incorporated, Debtor. Ford Motor Credit Company v. Reynolds & Reynolds Company, and Reyna Financial CorporationCourt of Appeals for the Fourth Circuit · 1994
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3Cited by3 opinions
- Debbie Reynolds Hotel & Casino, Inc. v. Calstar Corp. (In re Debbie Reynolds Hotel & Casino, Inc.)Court of Appeals for the Ninth Circuit · 2001
- Golden v. Chicago Title Insurance (In Re Choo)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2002
- In Re: Debbie Reynolds Hotel & Casino, Inc. Debtor. In Re: Debbie Reynolds Management Company, Inc. Debtor. In Re: Debbie Reynolds Resorts, Inc. Debtor. Debbie Reynolds Hotel & Casino, Inc., a Nevada Corporation Debbie Reynolds Management Company, Inc., a Nevada Corporation Debbie Reynolds Resorts, Inc., a Nevada Corporation v. Calstar Corporation, Inc., Resort Funding, Inc. v. Calstar Corporation, Inc.Court of Appeals for the Ninth Circuit · 2001