Legal Opinion
In Re Rashid
District Court, W.D. Oklahoma
Decided January 12, 1989No. CIV-88-452-P, Bankruptcy No. BK-87-753-APublishedCited by 10 opinions
1Opinion of the Court
ORDER
PHILLIPS, District Judge.
Before the Court is the appeal by City National Bank of Sayre (“Bank”) of the Bankruptcy Court’s February 24, 1988 Order. Appellant Bank filed its brief on April 14, 1988. Gladys Rashid (“debtor”) filed her brief on May 16, 1988 to which the Bank replied on May 31, 1988. The broad issue on appeal is whether rental of a house separate from, but adjacent to, the principal residence, constitutes a business purpose so as to limit the Oklahoma homestead exemption to $5,000 pursuant to 31 Okla.Stat. §§ 1 & 2.
I.STANDARD OF REVIEW
In reviewing a bankruptcy court’s…
2Cases cited26 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- In Re Michael Duane Mullet, Debtor. First Bank of Colorado Springs, a State Banking Corporation v. Michael Duane MulletCourt of Appeals for the First Circuit · 1987
- United States v. Robert B. Sutton and Sutton Investments, Inc.Court of Appeals for the Fifth Circuit · 1986
- In Re Branding Iron Motel, Inc.Court of Appeals for the Tenth Circuit · 1986
21 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Chilcoat v. Minor (In Re Minor)District Court, D. Colorado · 1990
- Marrama v. Citizens Bank (In Re Marrama)Bankruptcy Appellate Panel of the First Circuit · 2004
- In Re KuhnUnited States Bankruptcy Court, N.D. Indiana · 2005
- In Re HughesUnited States Bankruptcy Court, E.D. Oklahoma · 1994
- In Re FisherUnited States Bankruptcy Court, N.D. Oklahoma · 1990
5 more not listed; retrieve them via the Exa API.