Sunday, March 30, 2008

Property Taxes

In re Fairchild Aircraft Corp. 124 B.R. 488 (Bankr.W.D.Tex. 1991). Section 505(a)(1) allows a bankruptcy judge to reopen a past valuation that appaiser believed closed and beyond challenge. In re Piper Aircraftr, 171 B.R. 419, no. 8 (Bankr.S.D.Fla. 1994).

Some court cite abstenion in decling relief under section 505. St. John's Nursing Home, 154 B.R. 117 (Bankr.D. Mass. 1993).
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