Legal Opinion

National Bank of Arkansas v. Panther Mountain Land Devel.

Court of Appeals for the Eighth Circuit

Decided July 25, 2012No. 11-1900PublishedCited by 37 opinions

1Opinion of the Court

MELLOY, Circuit Judge.

Voluntary Chapter 11 Debtor Panther Mountain Land Development, LLC (the Debtor), holds certain parcels of undeveloped land that are included within property-owners’ improvement districts (the Improvement Districts) formed in accordance with Arkansas law. The Debtor formed the Improvement Districts more than one year before filing for bankruptcy. They are separate, pseudo-governmental entities with certain powers including the abilities to sue or be sued, incur expenses for development purposes, and impose priority liens on properties included within the districts.

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2Cases cited14 opinions

  1. A.H. Robins Co. v. PiccininCourt of Appeals for the Fourth Circuit · 1986
  2. 18 Collier bankr.cas.2d 717, Bankr. L. Rep. P 72,183 in Re Titan Energy, Inc. National Union Fire Insurance Company of Pittsburgh, Pa. v. Titan Energy, Inc.Court of Appeals for the Eighth Circuit · 1988
  3. 37 Collier bankr.cas.2d 713, Bankr. L. Rep. P 77,290 Lamar A. McCartney v. Integra National Bank North, Successor to McDowell National Bank Gary J. Gaertner, U.S. TrusteeCourt of Appeals for the Third Circuit · 1997
  4. Thomas G. Lovett, Trustee of the Bankruptcy Estate of John Peterson Motors, Inc., Donald John Peterson, Individually v. General Motors CorporationCourt of Appeals for the Eighth Circuit · 1992
  5. In the Matter of Shippers Interstate Service, Inc., Debtor. Appeal of National Labor Relations BoardCourt of Appeals for the Seventh Circuit · 1980

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3Cited by37 opinions

  1. In re JohnsonUnited States Bankruptcy Court, S.D. Ohio · 2016
  2. Morgan Hill Concerned Parents Ass'n v. California Department of EducationDistrict Court, E.D. California · 2017
  3. Sears v. Sears (In re Sears)District Court, D. Nebraska · 2015
  4. In re Bailey Ridge Partners, LLCUnited States Bankruptcy Court, N.D. Iowa · 2017
  5. Sears v. Sears (In re AFY, Inc.)District Court, D. Nebraska · 2015

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