Papio Keno Club, Inc. v. City of Papillion (In Re Papio Keno Club, Inc.)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
DREHER, Bankruptcy Judge.
This is an appeal by the City of Papillion from a final judgment entered by the bankruptcy court, 1 which ordered the City to turn over $182,597 to the Debtor, Papio Keno Club, Inc. We affirm, except to the extent necessary to correct a mathematical error in calculating the amount of the judgment.
I. BACKGROUND
Debtor Papio Keno Club (“Debtor”) and the City of Papillion (“City”) entered into a Lottery Operator Agreement on September 15, 1992 (the “agreement”). Under the agreement the Debtor was to operate a keno-type lottery in the City for a term of five years. The…
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