Cook Inlet Energy, LLC, In re

Ruling: 
Court deemed that the State of Alaska did not have the right to offset its liability to debtor by amounts owed to it by codebtor where proposed offsets involved separate entities in different capacities and mutuality was lacking. (Bankr. D. Alaska)
Issue: 
Setoff; Preservation of Creditor's Right to Offset Mutual Debt.
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Commercial case opionion summary, case decided on November 16,2017, LexisNexis #1217-112