Legal Opinion

Idaho, Dept. of Lands v. Arnold (In re Arnold)

Court of Appeals for the Ninth Circuit

Decided December 19, 1986No. 86-3616PublishedCited by 10 opinions

1Opinion of the Court

EUGENE A. WRIGHT, Circuit Judge.

This case concerns a bankruptcy dispute in which the creditor asked the district court to lift an automatic stay in order that it may execute its security interest. The district court granted this request. We now reverse.

FACTS

In November 1982, the Idaho Department of Lands sold three parcels of public property to several buyers. The buyers paid ten percent down and executed land contracts for payment of the balance. Idaho retained title.

These buyers later assigned their interests in the parcels to the debtors in possession, the Arnolds. Soon after acquiring the…

2Cases cited4 opinions

  1. In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
  2. Meadowbrook Investors' Group v. Thirtieth Place, Inc. (In Re Thirtieth Place, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
  3. In Re Donn Kemble, Debtor. Packerland Packing Co., Inc., a Wisconsin Corporation v. Griffith Brokerage Company, and Donn KembleCourt of Appeals for the Ninth Circuit · 1985
  4. Loeb Apartments, Inc. v. MalwitzCourt of Appeals for the Seventh Circuit · 1937

3Cited by10 opinions

  1. St. Paul Self Storage Ltd. Partnership v. Port Authority of St. Paul (In Re St. Paul Self Storage Ltd. Partnership)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1995
  2. In Re ArnoldCourt of Appeals for the Ninth Circuit · 1986
  3. Consulting Actuarial Partners, Ltd. Partnership v. Descap Planning, Inc. (In Re Consulting Actuarial Partners, Ltd. Partnership)United States Bankruptcy Court, S.D. New York · 1987
  4. In re MenseUnited States Bankruptcy Court, C.D. California · 2014
  5. In Re Toyota of Yonkers, Inc.United States Bankruptcy Court, S.D. New York · 1992

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