- 11 U.S.C.
Soto-Rios v. Banco Popular de P.R.
Nov
23
2011
Ruling
Mortgages that were perfected outside of 90-day window properly held unavoidable.
Procedural posture
Chapter 11 debtors sought to avoid creditor bank's mortgages, and to prevent any post-petition actions that would perfect them under 11 U.S.C.S. §§ 362(a), 544(a), 547(b). On summary judgment, the bankruptcy court rejected the debtors' efforts. The U.S. District Court for the District of Puerto Rico affirmed. The debtors appealed.
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Court
:
Judge or Jurisdiction information not available