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Encanto Rests. Inc. v. Aquino Vidal (In re Cousins Intl Food Corp.)

Encanto Rests. Inc. v. Aquino Vidal (In re Cousins Intl Food Corp.)

Ruling
Asset purchaser assumed risk and could not enjoin enforcement of creditor that did not receive notice of bankruptcy and whose claim was not discharged.
Issue(s)
Was purchaser of debtor’s two restaurants entitled to a declaratory judgment barring debtor’s judgment creditors from executing against the property?

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Commercial opinion summary, case decided on June 14, 2016 , LexisNexis #0716-001