Legal Opinion
In re Sunland, Inc.
United States Bankruptcy Court, D. New Mexico
Decided March 27, 2014No. 7-13-13301 TRPublishedCited by 4 opinions
1Opinion of the Court
*756MEMORANDUM OPINION
DAVID T. THUMA, Bankruptcy Judge.
The Chapter 7 trustee put together auction procedures to facilitate the sale of Sunland’s peanut butter manufacturing plant in Portales, New Mexico. Two bidders emerged, and an auction was held March 20, 2014. A hearing to approve the sale to the high bidder, Hampton Farms, LLC (“Hampton”), was held March 21, 2014. Right before the hearing, the trustee received a call from Golden Boy Foods, Ltd. (“Golden Boy”) offering to pay an extra $5 Million for the assets. The Court therefore must consider what to do with the sale given the unexpected,…
2Cases cited28 opinions
- Nken v. HolderSupreme Court of the United States · 2009
- Hilton v. BraunskillSupreme Court of the United States · 1987
- Commonwealth Property Advocates, LLC v. Mortgage Electronic Registration Systems, Inc.Court of Appeals for the Tenth Circuit · 2011
- Brumark Corp. v. Samson Resources Corp.Court of Appeals for the Tenth Circuit · 1995
- In Re FOOD BARN STORES, INC., Debtor. FOUR B. CORPORATION, Creditor—Appellant, v. FOOD BARN STORES, INC., Debtor—AppelleeCourt of Appeals for the Eighth Circuit · 1997
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3Cited by4 opinions
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- Parkcliffe Development LLCUnited States Bankruptcy Court, N.D. Ohio · 2025
- Roman Catholic Church of the Archdiocese of Santa and Associated Case in US District CourtUnited States Bankruptcy Court, D. New Mexico · 2021