Florida Asset Financing Corp. v. Dixon (In Re Dixon)
District Court, W.D. Virginia
1Opinion of the Court
OPINION
JONES, District Judge.
The questions in this bankruptcy appeal are (1) whether contractual default interest at the rate of thirty-six percent is available to an overseeured creditor as part of its claim against a debtor and (2) whether the bankruptcy court correctly determined the creditor’s request for attorneys’ fees. Finding that the facts of the case support the creditor’s statutory right to default interest, I first hold that the bankruptcy court’s decision to deny such interest was in error and reverse. Second, I find that under the circumstances, the bankruptcy court’s reduced…
2Cases cited28 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Rake v. WadeSupreme Court of the United States · 1993
23 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In Re BrownUnited States Bankruptcy Court, W.D. Virginia · 2000
- In Re 785 Partners LLCUnited States Bankruptcy Court, S.D. New York · 2012
- In Re Market Center East Retail Property, Inc.United States Bankruptcy Court, D. New Mexico · 2010
- In Re 139-141 Owners Corp.United States Bankruptcy Court, S.D. New York · 2004
- 400 Walnut Associates, L.P. v. 4th Walnut Associates, L.P. (In Re 400 Walnut Associates, L.P.)United States Bankruptcy Court, E.D. Pennsylvania · 2011
12 more not listed; retrieve them via the Exa API.