David J. Pierce Trust U/A v. Alpha Natural Resources, Inc. (In Re: Alpha Natural Resources, Inc.)
Opinion
Unpublished opinions are not binding precedent in this circuit.
During the underlying Chapter 11 bankruptcy case, the bankruptcy debtors moved pursuant to 11 U.S.C. § 365 to reject an agreement entered between John and Eunice Organ and one of the debtors’ predecessors. Successors-in-interest to the Organs (“Appellants”) objected, arguing that the agreement conveyed.to the Organs an interest in property that is not subject to termination under § 365. In thorough, well-reasoned opinions, the bankruptcy court held that the debtors could reject the agreement, and the district court affirmed that decision. See In re Alpha Natural Res., Inc., 555 B.R. 520 (Bankr. E.D.Va. 2016), aff'd, 237 F.Supp.3d 369 (E.D.Va. 2017). Appellants now appeal the final order of the district court.
We review de novo the legal conclusions of the bankruptcy court and the district court, and we review for clear error the factual findings of the bankruptcy court. In re Whitley, 848 F.3d 205, 207 (4th Cir. 2017). Having carefully considered the parties’ arguments in light of these review standards, we find no error in either the lower courts’ legal conclusions or factual findings. We therefore affirm the final order of the district court substantially for the reasons stated by the district court. We dispense with oral argument because the facts and legal contentions are adequately presented in the materials before us and argument would not aid the deci-sional process.
AFFIRMED
Reference
- Full Case Name
- In RE: ALPHA NATURAL RESOURCES, INCORPORATED, Debtor. David J. Pierce Trust U/A, Dated February 23, 2011; Nancy P. Gettinger; Mary Evelyn Amstutz; Anne E. Franklin; John Paul Organ; Judith Lynn Organ; Mary Evelyn Amstutz Testamentary Trust, Creditors-Appellants, v. Alpha Natural Resources, Incorporated, Debtor-Appellee
- Status
- Unpublished