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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE ) ) EXAERIS, INC., and ) INYX USA, LTD.,1 ) ) Debtors. ) ____________________________________) ) DR. JACK KACHKAR, ) ) Appellant ) v. ) ) WESTERNBANK PUERTO RICO, ) STEPHEN S. GRAY, Chapter 11 ) Trustee of INYX USA, LTD. ) ) Appellees. ) ) In re: Chapter 11 Case No. 07-10887 (KG) Case No. 07-10888 (KG)
Civil Action No. 07-621 (GMS)
ADDENDUM OF STATUTES, RULES, UNREPORTED ORDERS, OR SIMILAR MATERIAL TO BRIEF OF APPELLEE, WESTERNBANK PUERTO RICO
Harvey R. Miller Michele J. Meises Michael J. Walsh WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Telephone: (212) 310-8000 Facsimile: (212) 310-8007
Francis A. Monaco, Esq. (DE Bar No. 2078) Steven K. Kortanek, Esq. (DE Bar No. 3106) WOMBLE CARLYLE SANDRIDGE & RICE, PLLC 222 Delaware Avenue, Suite 1501 Wilmington, Delaware 19801 Telephone: (302) 252-4363 Facsimile: (302) 661-7728
Attorneys for Westernbank Puerto Rico Dated: April 14, 2008
1
The Exaeris, Inc. and Inyx USA, Ltd. bankruptcy cases were jointly administered at the outset of their cases at Bankruptcy Case No. 07-10887. However, on December 6, 2007, the Bankruptcy Court vacated the order for joint administration.
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INDEX Tab No. Unreported Orders In re American Home Mortgage Holdings, Inc., Ch. 11 Case No. 07-11047 (CSS) (Bankr. D. Del. Nov. 28, 2007)..............................................................................................1 In re Buffets Holdings Inc., Ch. 11 Case No. 08-10141 (MFW) (Bankr. D. Del. Feb. 22, 2008) ........................................................................................................................2 In re Domain, Inc., Ch. 11 Case No. 08-10132 (PJW) (Bankr. D. Del. Feb 14, 2008).........3 In re Foamex International, Inc., Ch. 11 Case No. 05-12685 (PJW) (Bankr. D. Del. Oct. 17, 2005)...............................................................................................4 In re HomeBanc Mortgage Corp., Ch. 11 Case No. 07-11079 (KJC)...................................5 In re New Century TRS Holdings, Ch. 11 Case No. 07-10416 (KJC) (Bankr. D. Del. May 7, 2007)..........................................................................................................................6 In re Sharper Image Corp., Ch. 11 Case No. 08-10322 (KG) (Bankr. D. Del. Mar. 7, 2008) ......................................................................................................................................7 In re Tweeter Home Entertainment Group, Ch. 11 Case No. 07-10787 (PJW) (Bankr. D. Del. June 29, 2007) ..............................................................................................8 Statutes and Rules 11 U.S.C. § 361......................................................................................................................9 11 U.S.C. § 363......................................................................................................................10 11 U.S.C. § 364......................................................................................................................11 11 U.S.C. § 506......................................................................................................................12 11 U.S.C. § 552......................................................................................................................13 Fed. R. Bankr. P. 8013...........................................................................................................14
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Case 1:07-cv-00621-GMS
11 U.S.C.A. § 361
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Page 1
Effective:[See Text Amendments] United States Code Annotated Currentness Title 11. Bankruptcy (Refs & Annos) Chapter 3. Case Administration (Refs & Annos) Subchapter IV. Administrative Powers § 361. Adequate protection When adequate protection is required under section 362, 363, or 364 of this title of an interest of an entity in property, such adequate protection may be provided by-(1) requiring the trustee to make a cash payment or periodic cash payments to such entity, to the extent that the stay under section 362 of this title, use, sale, or lease under section 363 of this title, or any grant of a lien under section 364 of this title results in a decrease in the value of such entity's interest in such property; (2) providing to such entity an additional or replacement lien to the extent that such stay, use, sale, lease, or grant results in a decrease in the value of such entity's interest in such property; or (3) granting such other relief, other than entitling such entity to compensation allowable under section 503(b)(1) of this title as an administrative expense, as will result in the realization by such entity of the indubitable equivalent of such entity's interest in such property. CREDIT(S) (Pub.L. 95-598, Nov. 6, 1978, 92 Stat. 2569; Pub.L. 98-353, Title III, § 440, July 10, 1984, 98 Stat. 370.) Current through P.L. 110-198 approved 3-24-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case 1:07-cv-00621-GMS
11 U.S.C.A. § 363
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Page 1
Effective:[See Notes] United States Code Annotated Currentness Title 11. Bankruptcy (Refs & Annos) Chapter 3. Case Administration (Refs & Annos) Subchapter IV. Administrative Powers § 363. Use, sale, or lease of property (a) In this section, "cash collateral" means cash, negotiable instruments, documents of title, securities, deposit accounts, or other cash equivalents whenever acquired in which the estate and an entity other than the estate have an interest and includes the proceeds, products, offspring, rents, or profits of property and the fees, charges, accounts or other payments for the use or occupancy of rooms and other public facilities in hotels, motels, or other lodging properties subject to a security interest as provided in section 552(b) of this title, whether existing before or after the commencement of a case under this title. (b)(1) The trustee, after notice and a hearing, may use, sell, or lease, other than in the ordinary course of business, property of the estate, except that if the debtor in connection with offering a product or a service discloses to an individual a policy prohibiting the transfer of personally identifiable information about individuals to persons that are not affiliated with the debtor and if such policy is in effect on the date of the commencement of the case, then the trustee may not sell or lease personally identifiable information to any person unless-(A) such sale or such lease is consistent with such policy; or (B) after appointment of a consumer privacy ombudsman in accordance with section 332, and after notice and a hearing, the court approves such sale or such lease-(i) giving due consideration to the facts, circumstances, and conditions of such sale or such lease; and (ii) finding that no showing was made that such sale or such lease would violate applicable nonbankruptcy law. (2) If notification is required under subsection (a) of section 7A of the Clayton Act in the case of a transaction under this subsection, then-(A) notwithstanding subsection (a) of such section, the notification required by such subsection to be given by the debtor shall be given by the trustee; and (B) notwithstanding subsection (b) of such section, the required waiting period shall end on the 15th day after the date of the receipt, by the Federal Trade Commission and the Assistant Attorney General in charge of the Antitrust Division of the Department of Justice, of the notification required under such subsection (a), unless such waiting period is extended-(i) pursuant to subsection (e)(2) of such section, in the same manner as such subsection (e)(2) applies to
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 363 11 U.S.C.A.1:07-cv-00621-GMS
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a cash tender offer; (ii) pursuant to subsection (g)(2) of such section; or (iii) by the court after notice and a hearing. (c)(1) If the business of the debtor is authorized to be operated under section 721, 1108, 1203, 1204, or 1304 of this title and unless the court orders otherwise, the trustee may enter into transactions, including the sale or lease of property of the estate, in the ordinary course of business, without notice or a hearing, and may use property of the estate in the ordinary course of business without notice or a hearing. (2) The trustee may not use, sell, or lease cash collateral under paragraph (1) of this subsection unless-(A) each entity that has an interest in such cash collateral consents; or (B) the court, after notice and a hearing, authorizes such use, sale, or lease in accordance with the provisions of this section. (3) Any hearing under paragraph (2)(B) of this subsection may be a preliminary hearing or may be consolidated with a hearing under subsection (e) of this section, but shall be scheduled in accordance with the needs of the debtor. If the hearing under paragraph (2)(B) of this subsection is a preliminary hearing, the court may authorize such use, sale, or lease only if there is a reasonable likelihood that the trustee will prevail at the final hearing under subsection (e) of this section. The court shall act promptly on any request for authorization under paragraph (2)(B) of this subsection. (4) Except as provided in paragraph (2) of this subsection, the trustee shall segregate and account for any cash collateral in the trustee's possession, custody, or control. (d) The trustee may use, sell, or lease property under subsection (b) or (c) of this section only-(1) in accordance with applicable nonbankruptcy law that governs the transfer of property by a corporation or trust that is not a moneyed, business, or commercial corporation or trust; and (2) to the extent not inconsistent with any relief granted under subsection (c), (d), (e), or (f) of section 362. (e) Notwithstanding any other provision of this section, at any time, on request of an entity that has an interest in property used, sold, or leased, or proposed to be used, sold, or leased, by the trustee, the court, with or without a hearing, shall prohibit or condition such use, sale, or lease as is necessary to provide adequate protection of such interest. This subsection also applies to property that is subject to any unexpired lease of personal property (to the exclusion of such property being subject to an order to grant relief from the stay under section 362). (f) The trustee may sell property under subsection (b) or (c) of this section free and clear of any interest in such property of an entity other than the estate, only if-(1) applicable nonbankruptcy law permits sale of such property free and clear of such interest; (2) such entity consents; (3) such interest is a lien and the price at which such property is to be sold is greater than the aggregate
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 363 11 U.S.C.A.1:07-cv-00621-GMS
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value of all liens on such property; (4) such interest is in bona fide dispute; or (5) such entity could be compelled, in a legal or equitable proceeding, to accept a money satisfaction of such interest. (g) Notwithstanding subsection (f) of this section, the trustee may sell property under subsection (b) or (c) of this section free and clear of any vested or contingent right in the nature of dower or curtesy. (h) Notwithstanding subsection (f) of this section, the trustee may sell both the estate's interest, under subsection (b) or (c) of this section, and the interest of any co-owner in property in which the debtor had, at the time of the commencement of the case, an undivided interest as a tenant in common, joint tenant, or tenant by the entirety, only if-(1) partition in kind of such property among the estate and such co-owners is impracticable; (2) sale of the estate's undivided interest in such property would realize significantly less for the estate than sale of such property free of the interests of such co-owners; (3) the benefit to the estate of a sale of such property free of the interests of co-owners outweighs the detriment, if any, to such co-owners; and (4) such property is not used in the production, transmission, or distribution, for sale, of electric energy or of natural or synthetic gas for heat, light, or power. (i) Before the consummation of a sale of property to which subsection (g) or (h) of this section applies, or of property of the estate that was community property of the debtor and the debtor's spouse immediately before the commencement of the case, the debtor's spouse, or a co-owner of such property, as the case may be, may purchase such property at the price at which such sale is to be consummated. (j) After a sale of property to which subsection (g) or (h) of this section applies, the trustee shall distribute to the debtor's spouse or the co-owners of such property, as the case may be, and to the estate, the proceeds of such sale, less the costs and expenses, not including any compensation of the trustee, of such sale, according to the interests of such spouse or co-owners, and of the estate. (k) At a sale under subsection (b) of this section of property that is subject to a lien that secures an allowed claim, unless the court for cause orders otherwise the holder of such claim may bid at such sale, and, if the holder of such claim purchases such property, such holder may offset such claim against the purchase price of such property. (l) Subject to the provisions of section 365, the trustee may use, sell, or lease property under subsection (b) or (c) of this section, or a plan under chapter 11, 12, or 13 of this title may provide for the use, sale, or lease of property, notwithstanding any provision in a contract, a lease, or applicable law that is conditioned on the insolvency or financial condition of the debtor, on the commencement of a case under this title concerning the debtor, or on the appointment of or the taking possession by a trustee in a case under this title or a custodian, and that effects, or gives an option to effect, a forfeiture, modification, or termination of the debtor's interest in such property.
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 363 11 U.S.C.A.1:07-cv-00621-GMS
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(m) The reversal or modification on appeal of an authorization under subsection (b) or (c) of this section of a sale or lease of property does not affect the validity of a sale or lease under such authorization to an entity that purchased or leased such property in good faith, whether or not such entity knew of the pendency of the appeal, unless such authorization and such sale or lease were stayed pending appeal. (n) The trustee may avoid a sale under this section if the sale price was controlled by an agreement among potential bidders at such sale, or may recover from a party to such agreement any amount by which the value of the property sold exceeds the price at which such sale was consummated, and may recover any costs, attorneys' fees, or expenses incurred in avoiding such sale or recovering such amount. In addition to any recovery under the preceding sentence, the court may grant judgment for punitive damages in favor of the estate and against any such party that entered into such an agreement in willful disregard of this subsection. (o) Notwithstanding subsection (f), if a person purchases any interest in a consumer credit transaction that is subject to the Truth in Lending Act or any interest in a consumer credit contract (as defined in section 433.1 of title 16 of the Code of Federal Regulations (January 1, 2004), as amended from time to time), and if such interest is purchased through a sale under this section, then such person shall remain subject to all claims and defenses that are related to such consumer credit transaction or such consumer credit contract, to the same extent as such person would be subject to such claims and defenses of the consumer had such interest been purchased at a sale not under this section. (p) In any hearing under this section-(1) the trustee has the burden of proof on the issue of adequate protection; and (2) the entity asserting an interest in property has the burden of proof on the issue of the validity, priority, or extent of such interest. CREDIT(S) (Pub.L. 95-598, Nov. 6, 1978, 92 Stat. 2572; Pub.L. 98-353, Title III, § 442, July 10, 1984, 98 Stat. 371; Pub.L. 99-554, Title II, § 257(k), Oct. 27, 1986, 100 Stat. 3115; Pub.L. 103-394, Title I, § 109, Title II, §§ 214(b), 219(c), Title V, § 501(d)(8), Oct. 22, 1994, 108 Stat. 4113, 4126, 4129, 4144; Pub.L. 109-8, Title II, §§ 204, 231(a), Title XII, § 1221(a), Apr. 20, 2005, 119 Stat. 49, 72, 195.) 2005 Acts. Amendments by Pub.L. 109-8 effective, except as otherwise provided, 180 days after April 20, 2005, and inapplicable with respect to cases commenced under Title 11 before the effective date, see Pub.L. 109-8, § 1501, set out as a note under 11 U.S.C.A. § 101. Pub.L. 109-8, Title XII, § 1221(d), Apr. 20, 2005, 119 Stat. 196, provided that: "The amendments made by this section [amending this section and 11 U.S.C.A. §§ 541 and 1129, and enacting provisions set out as a note under this section] shall apply to a case pending under title 11, United States Code [11 U.S.C.A. § 101 et seq.], on the date of enactment of this Act [Apr. 20, 2005], or filed under that title on or after that date of enactment, except that the court shall not confirm a plan under chapter 11 of title 11, United States Code [11 U.S.C.A. § 1101 et seq.], without considering whether this section would substantially affect the rights of a party in interest who first acquired rights with respect to the debtor after the date of the filing of the petition. The parties who may appear and be heard in a proceeding under this section include the attorney general of the State in which the debtor is incorporated, was formed, or does business."
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 363 11 U.S.C.A.1:07-cv-00621-GMS
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Filed 04/14/2008
Page 5 of Page 5 5
Current through P.L. 110-198 approved 3-24-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case 1:07-cv-00621-GMS
11 U.S.C.A. § 364
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Filed 04/14/2008
Page 1 of 2
Page 1
Effective:[See Text Amendments] United States Code Annotated Currentness Title 11. Bankruptcy (Refs & Annos) Chapter 3. Case Administration (Refs & Annos) Subchapter IV. Administrative Powers § 364. Obtaining credit (a) If the trustee is authorized to operate the business of the debtor under section 721, 1108, 1203, 1204, or 1304 of this title, unless the court orders otherwise, the trustee may obtain unsecured credit and incur unsecured debt in the ordinary course of business allowable under section 503(b)(1) of this title as an administrative expense. (b) The court, after notice and a hearing, may authorize the trustee to obtain unsecured credit or to incur unsecured debt other than under subsection (a) of this section, allowable under section 503(b)(1) of this title as an administrative expense. (c) If the trustee is unable to obtain unsecured credit allowable under section 503(b)(1) of this title as an administrative expense, the court, after notice and a hearing, may authorize the obtaining of credit or the incurring of debt-(1) with priority over any or all administrative expenses of the kind specified in section 503(b) or 507(b) of this title; (2) secured by a lien on property of the estate that is not otherwise subject to a lien; or (3) secured by a junior lien on property of the estate that is subject to a lien. (d)(1) The court, after notice and a hearing, may authorize the obtaining of credit or the incurring of debt secured by a senior or equal lien on property of the estate that is subject to a lien only if-(A) the trustee is unable to obtain such credit otherwise; and (B) there is adequate protection of the interest of the holder of the lien on the property of the estate on which such senior or equal lien is proposed to be granted. (2) In any hearing under this subsection, the trustee has the burden of proof on the issue of adequate protection. (e) The reversal or modification on appeal of an authorization under this section to obtain credit or incur debt, or of a grant under this section of a priority or a lien, does not affect the validity of any debt so incurred, or any priority or lien so granted, to an entity that extended such credit in good faith, whether or not such entity knew of the pendency of the appeal, unless such authorization and the incurring of such debt, or the granting of such priority or lien, were stayed pending appeal. (f) Except with respect to an entity that is an underwriter as defined in section 1145(b) of this title, section 5 of
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 364 11 U.S.C.A.1:07-cv-00621-GMS
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the Securities Act of 1933, the Trust Indenture Act of 1939, and any State or local law requiring registration for offer or sale of a security or registration or licensing of an issuer of, underwriter of, or broker or dealer in, a security does not apply to the offer or sale under this section of a security that is not an equity security. CREDIT(S) (Pub.L. 95-598, Nov. 6, 1978, 92 Stat. 2574; Pub.L. 99-554, Title II, § 257(l), Oct. 27, 1986, 100 Stat. 3115; Pub.L. 103-394, Title V, § 501(d)(9), Oct. 22, 1994, 108 Stat. 4144.) Current through P.L. 110-198 approved 3-24-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case 1:07-cv-00621-GMS
11 U.S.C.A. § 506
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Filed 04/14/2008
Page 1 of 2
Page 1
Effective:[See Notes] United States Code Annotated Currentness Title 11. Bankruptcy (Refs & Annos) Chapter 5. Creditors, the Debtor, and the Estate (Refs & Annos) Subchapter I. Creditors and Claims § 506. Determination of secured status (a)(1) An allowed claim of a creditor secured by a lien on property in which the estate has an interest, or that is subject to setoff under section 553 of this title, is a secured claim to the extent of the value of such creditor's interest in the estate's interest in such property, or to the extent of the amount subject to setoff, as the case may be, and is an unsecured claim to the extent that the value of such creditor's interest or the amount so subject to setoff is less than the amount of such allowed claim. Such value shall be determined in light of the purpose of the valuation and of the proposed disposition or use of such property, and in conjunction with any hearing on such disposition or use or on a plan affecting such creditor's interest. (2) If the debtor is an individual in a case under chapter 7 or 13, such value with respect to personal property securing an allowed claim shall be determined based on the replacement value of such property as of the date of the filing of the petition without deduction for costs of sale or marketing. With respect to property acquired for personal, family, or household purposes, replacement value shall mean the price a retail merchant would charge for property of that kind considering the age and condition of the property at the time value is determined. (b) To the extent that an allowed secured claim is secured by property the value of which, after any recovery under subsection (c) of this section, is greater than the amount of such claim, there shall be allowed to the holder of such claim, interest on such claim, and any reasonable fees, costs, or charges provided for under the agreement or State statute under which such claim arose. (c) The trustee may recover from property securing an allowed secured claim the reasonable, necessary costs and expenses of preserving, or disposing of, such property to the extent of any benefit to the holder of such claim, including the payment of all ad valorem property taxes with respect to the property. (d) To the extent that a lien secures a claim against the debtor that is not an allowed secured claim, such lien is void, unless-(1) such claim was disallowed only under section 502(b)(5) or 502(e) of this title; or (2) such claim is not an allowed secured claim due only to the failure of any entity to file a proof of such claim under section 501 of this title. CREDIT(S) (Pub.L. 95-598, Nov. 6, 1978, 92 Stat. 2583; Pub.L. 98-353, Title III, § 448, July 10, 1984, 98 Stat. 374; Pub.L. 109-8, Title III, § 327, Title VII, § 712(d), Apr. 20, 2005, 119 Stat. 99, 128.)
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 506 11 U.S.C.A.1:07-cv-00621-GMS
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Filed 04/14/2008
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2005 Acts. Amendments by Pub.L. 109-8 effective, except as otherwise provided, 180 days after April 20, 2005, and inapplicable with respect to cases commenced under Title 11 before the effective date, see Pub.L. 109-8, § 1501, set out as a note under 11 U.S.C.A. § 101. Current through P.L. 110-198 approved 3-24-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case 1:07-cv-00621-GMS
11 U.S.C.A. § 552
Document 13-14
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Effective:[See Notes] United States Code Annotated Currentness Title 11. Bankruptcy (Refs & Annos) Chapter 5. Creditors, the Debtor, and the Estate (Refs & Annos) Subchapter III. The Estate (Refs & Annos) § 552. Postpetition effect of security interest (a) Except as provided in subsection (b) of this section, property acquired by the estate or by the debtor after the commencement of the case is not subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case. (b)(1) Except as provided in sections 363, 506(c), 522, 544, 545, 547, and 548 of this title, if the debtor and an entity entered into a security agreement before the commencement of the case and if the security interest created by such security agreement extends to property of the debtor acquired before the commencement of the case and to proceeds, products, offspring, or profits of such property, then such security interest extends to such proceeds, products, offspring, or profits acquired by the estate after the commencement of the case to the extent provided by such security agreement and by applicable nonbankruptcy law, except to any extent that the court, after notice and a hearing and based on the equities of the case, orders otherwise. (2) Except as provided in sections 363, 506(c), 522, 544, 545, 547, and 548 of this title, and notwithstanding section 546(b) of this title, if the debtor and an entity entered into a security agreement before the commencement of the case and if the security interest created by such security agreement extends to property of the debtor acquired before the commencement of the case and to amounts paid as rents of such property or the fees, charges, accounts, or other payments for the use or occupancy of rooms and other public facilities in hotels, motels, or other lodging properties, then such security interest extends to such rents and such fees, charges, accounts, or other payments acquired by the estate after the commencement of the case to the extent provided in such security agreement, except to any extent that the court, after notice and a hearing and based on the equities of the case, orders otherwise. CREDIT(S) (Pub.L. 95-598, Nov. 6, 1978, 92 Stat. 2602; Pub.L. 98-353, Title III, § 466, July 10, 1984, 98 Stat. 380; Pub.L. 103-394, Title II, § 214(a), Oct. 22, 1994, 108 Stat. 4126; Pub.L. 109-8, Title XII, § 1204(2), Apr. 20, 2005, 119 Stat. 194.) 2005 Acts. Amendments by Pub.L. 109-8 effective, except as otherwise provided, 180 days after April 20, 2005, and inapplicable with respect to cases commenced under Title 11 before the effective date, see Pub.L. 109-8, § 1501, set out as a note under 11 U.S.C.A. § 101. Current through P.L. 110-198 approved 3-24-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case § 552 11 U.S.C.A.1:07-cv-00621-GMS
Document 13-14
Filed 04/14/2008
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END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Case 1:07-cv-00621-GMS
Document 13-15
Filed 04/14/2008
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Federal Rules of Bankruptcy Procedure, Rule 8013
United States Code Annotated Currentness Bankruptcy Rules (Refs & Annos) Part VIII. Appeals to District Court or Bankruptcy Appellate Panel (Refs & Annos) Rule 8013. Disposition of Appeal; Weight Accorded Bankruptcy Judge's Findings of Fact On an appeal the district court or bankruptcy appellate panel may affirm, modify, or reverse a bankruptcy judge's judgment, order, or decree or remand with instructions for further proceedings. Findings of fact, whether based on oral or documentary evidence, shall not be set aside unless clearly erroneous, and due regard shall be given to the opportunity of the bankruptcy court to judge the credibility of the witnesses. CREDIT(S) (As amended Mar. 30, 1987, eff. Aug. 1, 1987.) Amendments received to 02-19-08 Copr. (C) 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works END OF DOCUMENT
© 2008 Thomson/West. No Claim to Orig. U.S. Govt. Works.
Free Appendix - District Court of Delaware - Delaware
| File Size: | 8,640.9 kB |
| Pages: | 293 |
| Date: | September 7, 2008 |
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| State: | Delaware |
| Category: | District Court of Delaware |
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| Page Size: | 595 x 842 pts (A4) |
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