Skip to main content

Kaler v. Bala (In re Racing Servs. Inc.)

Kaler v. Bala (In re Racing Servs. Inc.)

Ruling
Equitable subordination of claim properly vacated after underlying criminal conviction was reversed.
Procedural posture

Appellant bankruptcy trustee sought review of a decision from the bankruptcy appellate panel for the eighth circuit (BAP), which affirmed an order by the bankruptcy court granting, pursuant to Fed. R. Civ. P. 60(b)(5), appellee claimant's motion to vacate an earlier order subordinating her claim for administrative expenses.

ABI Membership is required to access the full summary of Kaler v. Bala (In re Racing Servs. Inc.) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on July 02, 2009 , LexisNexis #0809-029