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Home > Opinions > 8th U.S. Circuit Court of Appeals > Bankruptcy – Administrative Claim; Subordination; Criminal Conviction
Bankruptcy – Administrative Claim; Subordination; Criminal Conviction
Posted: 1:00 am Mon, July 13, 2009
By Finance and Commerce Staff
Tags: Bankruptcy
Where a bankruptcy court granted a motion to vacate its order subordinating a debtor’s administrative claim to all other creditor claims, the court had equitable discretion to modify the prospective application of the subordination order after the criminal conviction on which the subordination order was based was reversed. Affirmed.
| Case Number | 08-2067 |
| Case Name | Kaler v. Bala |
| Court | 8th Circuit Court of Appeals |
| District | Appealed from the Bankruptcy Appellate Panel, 8th Circuit |
| Category | Bankruptcy |
| Type | Civil Opinions |
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