Ninth Circuit Denies Joint Borrower's Subrogation Claim in In re Flamingo 55, Inc. | Practical Law

Ninth Circuit Denies Joint Borrower's Subrogation Claim in In re Flamingo 55, Inc. | Practical Law

The US Court of Appeals for the Ninth Circuit delivered an opinion in In re Flamingo 55, Inc., affirming the bankruptcy court's order denying the appellants' subrogation claims against the debtor under section 509(a) of the Bankruptcy Code.

Ninth Circuit Denies Joint Borrower's Subrogation Claim in In re Flamingo 55, Inc.

Practical Law Legal Update 3-507-2801 (Approx. 4 pages)

Ninth Circuit Denies Joint Borrower's Subrogation Claim in In re Flamingo 55, Inc.

by PLC Finance and Practical Law Bankruptcy & Restructuring
Published on 17 Aug 2011 • USA (National/Federal)
The US Court of Appeals for the Ninth Circuit delivered an opinion in In re Flamingo 55, Inc., affirming the bankruptcy court's order denying the appellants' subrogation claims against the debtor under section 509(a) of the Bankruptcy Code.