Legal Opinion
In the Matter of Arlo B. Edwards, Debtor-Appellee. Appeal of Golden Guernsey Dairy Co-Op
Court of Appeals for the Seventh Circuit
Decided May 4, 1992No. 91-1577PublishedCited by 139 opinions
1Opinion of the Court
POSNER, Circuit Judge.
The bona fide purchaser at a bankruptcy sale gets good title. That principle, although qualified as we shall see, decides this appeal, in which the specific issue is the validity of a judicially approved sale of a portion of a bankrupt estate without notice to one of the debtor’s secured creditors.
Arlo Edwards filed for bankruptcy in 1986 under Chapter 13 of the Bankruptcy Code, which (like its better-known corporate counterpart, Chapter 11) allows the debtor to retain possession of his property, though as the fiduciary of his creditors and subject to the supervision of…
2Cases cited28 opinions
- Fay v. NoiaSupreme Court of the United States · 1963
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- Stoll v. GottliebSupreme Court of the United States · 1938
- Samuel Nemaizer, General Manager of the New York Coat, Suit, Dress, Rainwear and Allied Workers' Union I.L.G.W.U. v. Jack Baker, an IndividualCourt of Appeals for the Second Circuit · 1986
- Treinies v. Sunshine Mining Co.Supreme Court of the United States · 1940
23 more not listed; retrieve them via the Exa API.
3Cited by139 opinions
- Edward Antoine v. Atlas Turner, Inc., Royal Insurance Company of Canada Canadian General Insurance Company and Federal Insurance CompanyCourt of Appeals for the Sixth Circuit · 1995
- The Matter of Zale Corporation, Debtor. Alan D. Feld, and National Union Fire Insurance Company, Inc., of Pittsburgh, Pennsylvania v. Zale CorporationCourt of Appeals for the Fifth Circuit · 1995
- In the Matter Of: Unr Industries, Inc., Debtors. Appeals of Unarco Bloomington Factory WorkersCourt of Appeals for the Seventh Circuit · 1994
- Cephus Bell v. Eastman Kodak CompanyCourt of Appeals for the Seventh Circuit · 2000
- Zerand-Bernal Group, Inc. v. CoxCourt of Appeals for the Seventh Circuit · 1994
134 more not listed; retrieve them via the Exa API.