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In re Tender Loving Care Health Servs.

In re Tender Loving Care Health Servs.

Ruling
Bankruptcy court erroneously granted trustee's motion for reconsideration reducing payments to creditor under negotiated agreement as debtor had initially objected to claim and motion was untimely.
Procedural posture

Appellant creditor, which had a general unsecured claim based on a promissory note, sought review of a decision of the United States District Court for the Eastern District of New York, which affirmed the bankruptcy court's order denying its motion to compel payment on a claim and granted the cross-motion of appellee, the debtor's successor (hereinafter, the debtor) for reconsideration of allowance of the claim.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on March 26, 2009 , LexisNexis #0509-062