In the Matter Of: Amco Insurance Rehmat Peerbhai, Debtors. Wells Fargo Bank of Texas N.A. v. Ronald J. Sommers, Trustee Amco Insurance Rehmat Peerbhai
Court of Appeals for the Fifth Circuit
1Opinion of the Court
JOLLY, Circuit Judge:
The significance of this bankruptcy case relates to the nunc pro tunc substantive consolidation of the assets and liabilities of a corporation in bankruptcy and its sole shareholder, not in bankruptcy (until after-wards). Because the bankruptcy court’s nunc pro tunc order was an abuse of discretion under the facts of this case, we vacate the district court’s order and remand.
I
Rehmat A. Peerbhai, an entrepreneur in the automobile industry, owned and managed AIG, a holding company in the automobile insurance business, prior to 1992. 1 On April 21, 1992, Peerbhai…
2Cases cited15 opinions
- Grupo Mexicano De Desarrollo, S. A. v. Alliance Bond Fund, Inc.Supreme Court of the United States · 1999
- In re Owens CorningCourt of Appeals for the Third Circuit · 2005
- In the Matter of Southmark Corporation, Debtor. Southmark Corporation v. Joseph GroszCourt of Appeals for the Fifth Circuit · 1995
- In re GandyCourt of Appeals for the Fifth Circuit · 2002
- In Re Augie/Restivo Baking Company, Ltd.Court of Appeals for the Second Circuit · 1988
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- Amco Energy, Inc. v. Tana Exploration Co. (In re Capco Energy Inc.)Court of Appeals for the Fifth Circuit · 2012
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