U.S. Bank N.A. v. Young (In re Young)

Pre 2005-Act: 
Pre 2005-Act
Debtor's lack of subject matter jurisdiction argument based on the debtor's status as a farmer was rejected since section 303(a) of the Code does not provide a jurisdictional challenge but rather an involuntary petition defense, one that the debtor waived by consenting to the petition.
Procedural posture: 
Defendant debtor appealed from an order of the bankruptcy court granting several of plaintiff creditors'motions for summary judgment, wherein the creditors asserted that debtor was collaterally estopped by a guilty plea from arguing that he did not incur his obligations to them by way of fraud
ABI Membership is required to access the full summary of U.S. Bank N.A. v. Young (In re Young). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member