Archive: September 1, 2024

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978 F. 2d 1264 – Minn-Kota Ranch Agency Inc v. Household Government Discounts and you may Financing Relationship

978 F. 2d 1264 – Minn-Kota Ranch Agency Inc v. Household Government Discounts and you may Financing Relationship

978 F2d 1264 Minn-Kota Ranch Agency Inc v. Domestic Government Offers and you will Mortgage Organization

payday loans after bankruptcy

NOTICE: 8th Circuit Laws 28A(k) governs solution from unpublished viewpoints and offers that they’re not precedent and usually really should not be quoted unless relevant to setting up the fresh new doctrines regarding res judicata, equity estoppel, what the law states of your situation, or if the latest thoughts has actually convincing worthy of to your a material question without had written thoughts would serve as well.

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Minn-Kota Farm Company, Inc. (Minn-Kota), a section 11 borrower, appeals the brand new district court’s1 affirmance of your own bankruptcy proceeding court’s2 purchase giving relief from this new automatic sit under eleven You.S.C. 362(d)(1) to Home Federal Discounts and Financing Relationship (House Government), a creditor secure from the an email and you can home loan towards the Minn-Kota’s sole house, a condo building. We affirm.

Following a paying attention and several also offers regarding adequate defense of the Minn-Kota, this new case of bankruptcy judge summarily provided Family Federal’s actions to possess respite from the new automated stand. For the focus, the latest section courtroom remanded the matter, concluding your case of bankruptcy judge got didn’t create sufficient findings. Read More

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