In re American Cartage Inc.

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Contract cause of action was property of chapter 7 estate in reopened case.
Procedural posture: 
Chapter 7 trustee caused the reopening of the debtor's bankruptcy case, and sought approval of a settlement with another waste hauler that helped fulfill the debtor's contractual obligations. Creditor city, the purchaser of the debtor's assets, opposed the settlement on the grounds that it held claims against the other waste hauler that previously belonged to the debtor. The trustee asserted such claims remained with the estate.
Issue: 
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Commercial case opionion summary, case decided on December 10,2009, LexisNexis #0110-103