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Si Restructuring Inc. v. Wooley

Si Restructuring Inc. v. Wooley

Ruling
Authorization of disbursal of reserve fund to administrator's counsel reversed for determination of oversecured creditors' claims.
Procedural posture

Appellant creditors sought review of an order of the District Court for the Western District of Texas affirming a bankruptcy court order granting a motion by appellee plan administrator authorizing disbursal of a reserve fund, which had been established to pay additional secured claims of the creditors under 11 U.S.C.S. § 506(b).

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on August 28, 2008 , LexisNexis #0908-097