Timco, LLC v. T & M Sales Agency, Inc. (In Re Timco, LLC)

SUTTON, Circuit Judge.

Timco and T & M could not agree how much Timco owed T & M in sales commissions. The disagreement led to an arbitration, which led to a $930,000 arbitration award for T & M. T & M’s victory looked pyrrhie when Timco promptly filed a bankruptcy petition. T & M’s victory became less pyrrhie when the bankruptcy court lifted the automatic stay to allow a Michigan court to confirm the award, which it did.

Timco appealed the bankruptcy court’s decisions (1) to remand the case to state court and (2) to lift the automatic stay. The district court concluded that it lacked…