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Rule 7052

Bank of the Prairie v. Picht (In re Picht)

Apr
14
2009
Ruling
Bankruptcy courts are required to explain legal and factual bases for plan confirmation.
Procedural posture

Appellant bank appealed from the Bankruptcy Court for the District of Kansas, which confirmed appellee debtors' plan over the bank's objection. On appeal, the appeal court answered a question raised by neither of the parties: may a bankruptcy court issue a ruling without explanation, and inform the parties that it will explain the legal and factual basis for its decision if, and only if, one of the parties appeals that decision?

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 14, 2009 , LexisNexis #0609-035
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