United States v. Worthington Investments, Inc. (In re Worthington Investments, Inc.)
United States v. Worthington Investments, Inc. (In re Worthington Investments, Inc.)
Opinion of the Court
OPINION AND ORDER
This matter comes before the Court to consider an appeal from the bankruptcy court’s April 5, 1994 order. The court below held that subordination is a proper penalty for. a priority creditor when that creditor filed a tardy claim despite having notice of the bankruptcy filing. This Court has jurisdiction to hear appeals from final judgments, orders, and decrees of bankruptcy judges. 28 U.S.C. § 158(a); Bankr.Rule 8001. A district court’s appellate review of a bankruptcy court decision is governed by Bankruptcy Rule 8013. A bankruptcy judge’s conclusions of law are subject to de novo review. For the reasons set forth below, the judgment of the bankruptcy court is REVERSED.-
This appeal presents the following question of law:
Upon consideration and being duly advised, the Court finds appellant’s arguments to be meritorious.
IT IS SO ORDERED.
. The parties agree upon the relevant facts.
. The Government’s motion for leave to file its brief out of time is GRANTED.
Reference
- Full Case Name
- In re WORTHINGTON INVESTMENTS, INC., Debtors. UNITED STATES of America v. WORTHINGTON INVESTMENTS, INC.
- Cited By
- 1 case
- Status
- Published