Legal Opinion

Calyon New York Branch v. American Home Mortgage Corp. (In Re American Home Mortgage, Inc.)

United States Bankruptcy Court, D. Delaware

Decided January 4, 2008No. 19-10297PublishedCited by 10 opinions

1Opinion of the Court

OPINION

CHRISTOPHER S. SONTCHI, Bankruptcy Judge.

INTRODUCTION

This is a case of first impression regarding the application of the amended “safe harbor” provisions of sections 555 and 559 of the Bankruptcy Code to a repurchase agreement involving mortgage loans.

The dispute centers on three issues. The first issue is whether the sale and repurchase of mortgage loans under the contract in question is a “repurchase agreement” as defined in section 101(47) of the Bankruptcy Code and thus, pursuant to sections 362(b)(7), 555 and 559 of the Bankruptcy Code, the rights of the non- debtor party to the…

2Cases cited13 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Connecticut National Bank v. GermainSupreme Court of the United States · 1992
  3. Caminetti v. United StatesSupreme Court of the United States · 1917
  4. Lamie v. United States TrusteeSupreme Court of the United States · 2004
  5. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000

8 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Crédit Agricole Corporate & Investment Bank New York Branch v. American Home Mortgage Holdings, Inc.Court of Appeals for the Third Circuit · 2011
  2. DB Structured Products, Inc. v. American Home Mortgage Holdings, Inc. (In Re American Home Mortgage Holdings, Inc.)United States Bankruptcy Court, D. Delaware · 2009
  3. American Home Mortgage Investment Corp. v. Lehman Bros. (In Re American Home Mortgage, Holdings, Inc.)United States Bankruptcy Court, D. Delaware · 2008
  4. Calyon New York Branch v. American Home Mortgage Corp.United States Bankruptcy Court, D. Delaware · 2008
  5. In Re American Home Mortgage Holdings, Inc.United States Bankruptcy Court, D. Delaware · 2009

5 more not listed; retrieve them via the Exa API.

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