In re Deluxe Cleaners of Durham Inc.

Ruling: 
Stay pending appeal of order allocating state court judgment proceeds to estate denied absent showing of harm.
Procedural posture: 
This matter came before the court upon the Motion for Stay Pending Appeal filed by the chapter 7 trustee (the moving trustee) for the bankruptcy estate of two debtors that had a bankruptcy pending in the U.S. Bankruptcy Court for the Eastern District of North Carolina. The moving trustee sought to stay an order that allocated 100 percent of state court judgment proceeds to the estate of debtor in the instant bankruptcy.
Issue: 
ABI Membership is required to access the full summary of In re Deluxe Cleaners of Durham 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 November 17,2010, LexisNexis #1210-139