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ELM Rd. Dev. Co. v. Buckeye Retirement Co. LLC Ltd. (In re Hake)

ELM Rd. Dev. Co. v. Buckeye Retirement Co. LLC Ltd. (In re Hake)

Ruling
Trustee's sale of debtor's property interests upheld.
Procedural posture

Appellants, debtor and shareholders, appealed from an order of the United States Bankruptcy Court for the Northern District of Ohio, Eastern Division at Youngstown, that granted summary judgment in favor of defendants, transferees, that certain carve-out assets were property of the bankruptcy estate and that restrictions on a the debtor's sale constituted an unenforceable restraint on alienation of property under Ohio law.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on December 04, 2009 , LexisNexis #1209-137