Winter Leadership Conference | December 5-7 | Rancho Palos Verdes , CA Register Today View Schedule

Lowery v. Channel Communications Inc. (In re Cellular 101 Inc.)

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Administrative expense claim disbursement affirmed given debtor's failure to timely notify bankruptcy appellate panel of settlement and release.
Procedural posture: 
Appellant, a Chapter 11 debtor, challenged the decision entered by the Ninth Circuit, Bankruptcy Appellate Panel that held it was too late for the debtor to unveil an argument that it had entered into a settlement and a release of its obligation. The court ordered disbursement of funds to pay the administrative claim.
Issue: 
ABI Membership is required to access the full summary of Lowery v. Channel Communications Inc. (In re Cellular 101 Inc.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on August 21,2008, LexisNexis #0908-066