LaSalle Bank v. Great Am. Group Inc. (In re Goldblatts Bargain Stores Inc.)
Apr
03
2007
Ruling
Proceeding for determination of amount, validity and priority of interests in liquidation of debtor's inventory was a core proceeding.
Procedural posture
A chapter 7 trustee filed an adversary proceeding against plaintiff bank and defendant commercial liquidator to determine the amount, validity, and priority of their interests in a guaranteed amount paid in connection with the liquidation of the chapter 7 debtor's inventory. The bank and the liquidator filed cross-appeals from the bankruptcy court's judgment. The bank filed a dismissal motion, attacking the bankruptcy court's jurisdiction.
ABI Membership is required to access the full summary of LaSalle Bank v. Great Am. Group Inc. (In re Goldblatts Bargain Stores Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: