Conoco, Inc. v. Styler
Court of Appeals for the Tenth Circuit
1Opinion of the Court
HENRY, Circuit Judge.
In this adversary action, brought by Cono-co, Inc. (“Conoco”) against the bankruptcy trustee (“Trustee”) for Peterson Distributing, Inc. (“Peterson”), Conoco seeks to recoup or setoff $69,370.49 worth of credit card invoices against its $245,159.06 claim in Peterson’s bankruptcy estate. The trustee of Peterson’s bankruptcy estate counterclaims for the turnover of the $69,370.49 in credit card invoices. The United States Bankruptcy Court for the District of Utah held that the doctrine of recoupment did not apply and that Conoco was only entitled to a setoff of those…
2Cases cited12 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Lee v. SchweikerCourt of Appeals for the Third Circuit · 1984
- In Re B & L Oil Company, Debtor, Ashland Petroleum Company v. Garry R. Appel, Trustee for B & L Oil CompanyCourt of Appeals for the Tenth Circuit · 1986
- Bankr. L. Rep. P 73,372 in Re Nathan Davidovich and Amy Jill Davidovich, Debtors. Nathan Davidovich and Christine Jobin, Trustee v. Charles WeltonCourt of Appeals for the Tenth Circuit · 1990
- In Re Gregory Alyan Posta and Mary Jones Posta, C.I.T. Financial Services, Inc. v. Gregory Alyan Posta, Mary Jones PostaCourt of Appeals for the Tenth Circuit · 1989
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