In the Matter of Lhd Realty Corporation, Debtor. Appeal of National Life Insurance Company
Court of Appeals for the Seventh Circuit
1Opinion of the Court
CUDAHY, Circuit Judge.
This appeal primarily involves a contest over a mortgage holder’s right to receive a stipulated premium in exchange for accepting a borrower’s repayment of a loan before maturity. The dispute is complicated somewhat by the fact that at the time of the prepayment the borrower was in a Chapter 11 bankruptcy proceeding. The bankruptcy court held that the mortgage holder was entitled to the prepayment premium, but the district court reversed. Because we believe that in the particular circumstances of this case the holder’s right to a prepayment premium was not triggered, we…
2Cases cited8 opinions
- Slevin Container Corp. v. Provident Federal Savings & Loan Ass'nAppellate Court of Illinois · 1981
- Ketchikan Lodge No. 1429, Benevolent & Protective Order of Elks v. Hewitt (In Re Hewitt)United States Bankruptcy Court, D. Alaska · 1982
- Chestnut Corp. v. Bankers Bond & Mortgage Co.Supreme Court of Pennsylvania · 1959
- Jala Corp. v. Berkeley Savings & Loan Ass'nNew Jersey Superior Court Appellate Division · 1969
- 446 West 44th Street Inc. v. Riverland Holding Corp.Appellate Division of the Supreme Court of the State of New York · 1943
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3Cited by92 opinions
- In Re Skyler RidgeUnited States Bankruptcy Court, C.D. California · 1987
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- Connecticut General Life Insurance v. Schaumburg Hotel Owner Ltd. Partnership (In Re Schaumburg Hotel Owner Ltd. Partnership)United States Bankruptcy Court, N.D. Illinois · 1989
- Delaware Trust Co. v. Energy Future Intermediate Holding Co. (In Re Energy Future Holdings Corp.)Court of Appeals for the Third Circuit · 2016
- U.S. Bank Trust National Ass'n v. American Airlines, Inc. (In re AMR Corp.)United States Bankruptcy Court, S.D. New York · 2013
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