ABI - American Bankruptcy Institute

11/05/2024 | News release | Distributed by Public on 11/04/2024 13:50

Fully Secured, Nonrecourse Creditors Can Be Involuntary Petitioners, BAP Says

November 5, 2024

Fully Secured, Nonrecourse Creditors Can Be Involuntary Petitioners, BAP Says

An involuntary petitioner whose claim was paid after filing is still counted as an involuntary petitioner, the Ninth Circuit BAP says.

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Opinion Link

View Opinion
https://abi-opinions.s3.us-east-1.amazonaws.com/King+BAP+re+Involuntaries.pdf

Case Details

Case Citation

Wolverine Endeavors VIII LLC v. East West Bank (In re King), 24-1007 and 24-1008 (B.A.P. 9th Cir. Oct. 29, 2024)

Case Name

In re King

Case Type

Business
Court