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U.S. Bankruptcy Appellate Panel Digest: Nov. 15, 2018

admin//November 15, 2018

U.S. Bankruptcy Appellate Panel Digest: Nov. 15, 2018

admin//November 15, 2018

Proof of claim

Judgment

The bankruptcy court allowed Lariat’s claim against debtor and rejected debtor’s argument the claim had been paid in full by debtor’s spouse.

Where Lariat’s claim against the debtor flowed from a guaranty judgment it previously obtained, which was extinguished by the payment made by debtor’s spouse, Lariat no longer had a claim against debtor.

Vacated and remanded.

18-6004 Lariat v. Wigley, appealed from the District of Minnesota, Nail, J.

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