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BFP v. Resolution Trust Corporation, As Receiver Of Imperial Federal Savings Association

Docket No.: 92-1370
Argued: December 7, 1993
Decided: May 23, 1994

Topics:

Bankruptcy Code, Bankruptcy Act or Rules, or Bankruptcy Reform Act of 1978, Economic Activity, Bankruptcy, Bankruptcy, Bankruptcy Code, Commerce Clause, Due Process, Tenth Amendment, patent, preemption, property rights

Petitioner: Bfp
Respondent: Resolution Trust Corporation, As Receiver Of Imperial Federal Savings Association, et al.

Court Below: THE UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT
Citation: 974 F.2d 1144
Lower Court Decision
Supreme Court Docket


511 U.S. 531 (1994)
Question:

Does a property's fair market value determine whether the amount of debt settled by a foreclosure sale is "reasonably equivalent" to the property's worth, as required by U.S.C. Section 548(a)(2)(A)?

BFP v. Resolution Trust Corporation, As Receiver Of Imperial Federal Savings Association
ORAL ARGUMENT

December 07, 1993

Holding: affirmed
Decision: Decision: 5 votes for Resolution Trust Corporation, As Receiver Of Imperial Federal Savings Association, 4 vote(s) against
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