Ab liquidating

Posted by / 21-Sep-2019 17:24

The documents posted on this site are XML renditions of published Federal Register documents.Each document posted on the site includes a link to the corresponding official PDF file on This case was decided on stipulated facts in the bankruptcy court.On April 17, 2000 AMB and Debtor entered into a five year lease (the "Lease") for certain commercial property.Rather, his security deposit will be applied in satisfaction of the claim that is allowed under this paragraph. In Mayan Networks, Judge Klein concurred in holding that the proceeds of a letter of credit that was fully-collateralized by the debtor's property should be deducted from the landlord's capped claim.he letter of credit in this case was likewise fully-collateralized by Debtor's property.The Oldden court concluded that the security deposit should be deducted from the allowable claim rather than the total damages. Congress endorsed this holding, as the House Judiciary Report to amended Section 502(b)(6) notes: This paragraph will not overrule Oldden, or the proposition for which it has been read to stand: to the extent that a landlord has a security deposit in excess of the amount allowed under this paragraph, the excess comes into the estate.... Under either rationale, the proceeds of the letter of credit were properly subtracted from AMB's allowed claim.2. Consistent with the parties' submissions and argument in this appeal, throughout this opinion the figure is rounded to million.

BC Corporate Registry Saskatchewan Corporate Registry If your cooperative is from another province or country you must submit a cancellation request.Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.In re: AB LIQUIDATING CORP., fka Adaptive Broadband Corporation, Debtor, AMB Property, L. Official Creditors for the Estate of AB Liquidating Corp., fka Adaptive Broadband Corporation, Appellee. This case arises from the bankruptcy of Adaptive Broadband Corporation ("Debtor"). In that judgment, the bankruptcy court sustained the Creditors' Committee's objection to AMB's claim against Debtor's estate for breach-of-lease damages.Accordingly, the

BC Corporate Registry Saskatchewan Corporate Registry If your cooperative is from another province or country you must submit a cancellation request.

Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.

In re: AB LIQUIDATING CORP., fka Adaptive Broadband Corporation, Debtor, AMB Property, L. Official Creditors for the Estate of AB Liquidating Corp., fka Adaptive Broadband Corporation, Appellee. This case arises from the bankruptcy of Adaptive Broadband Corporation ("Debtor"). In that judgment, the bankruptcy court sustained the Creditors' Committee's objection to AMB's claim against Debtor's estate for breach-of-lease damages.

Accordingly, the $1 million Security Deposit/Letter of Credit was subtracted from one year's rent, yielding AMB's allowable claim of $1 million. Rather than simply applying Oldden to all letters of credit that are provided as security deposits, AMB urges us to adopt reasoning set forth by Judge Klein of the Bankruptcy Appellate Panel. BAP (Cal.) 2003), and his concurrence in In re Mayan Networks, 306 B. However, despite AMB's argument, the resolution of this appeal does not require that we decide whether Judge Klein has set forth the appropriate procedure for applying letter of credit security deposits to landlords' claims.

This analytical framework is largely based on Oldden v. Oldden, a case often cited by bankruptcy courts, involved a landlord who held a cash security deposit from a debtor, and addressed the question of "whether a landlord is required to deduct the amount of security held under a lease from the total damages provided by the lease or from the total claim allowable [under the Bankruptcy Code]." Oldden, 143 F.2d at 918. AMB contends that Judge Klein's majority opinion in In re Condor Systems, Inc., 296 B. Regardless of whether we apply Oldden, or adopt Judge Klein's reasoning, the result is the same; the judgment below stands.

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BC Corporate Registry Saskatchewan Corporate Registry If your cooperative is from another province or country you must submit a cancellation request.Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.In re: AB LIQUIDATING CORP., fka Adaptive Broadband Corporation, Debtor, AMB Property, L. Official Creditors for the Estate of AB Liquidating Corp., fka Adaptive Broadband Corporation, Appellee. This case arises from the bankruptcy of Adaptive Broadband Corporation ("Debtor"). In that judgment, the bankruptcy court sustained the Creditors' Committee's objection to AMB's claim against Debtor's estate for breach-of-lease damages.Accordingly, the $1 million Security Deposit/Letter of Credit was subtracted from one year's rent, yielding AMB's allowable claim of $1 million. Rather than simply applying Oldden to all letters of credit that are provided as security deposits, AMB urges us to adopt reasoning set forth by Judge Klein of the Bankruptcy Appellate Panel. BAP (Cal.) 2003), and his concurrence in In re Mayan Networks, 306 B. However, despite AMB's argument, the resolution of this appeal does not require that we decide whether Judge Klein has set forth the appropriate procedure for applying letter of credit security deposits to landlords' claims.This analytical framework is largely based on Oldden v. Oldden, a case often cited by bankruptcy courts, involved a landlord who held a cash security deposit from a debtor, and addressed the question of "whether a landlord is required to deduct the amount of security held under a lease from the total damages provided by the lease or from the total claim allowable [under the Bankruptcy Code]." Oldden, 143 F.2d at 918. AMB contends that Judge Klein's majority opinion in In re Condor Systems, Inc., 296 B. Regardless of whether we apply Oldden, or adopt Judge Klein's reasoning, the result is the same; the judgment below stands.

million Security Deposit/Letter of Credit was subtracted from one year's rent, yielding AMB's allowable claim of

BC Corporate Registry Saskatchewan Corporate Registry If your cooperative is from another province or country you must submit a cancellation request.

Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.

In re: AB LIQUIDATING CORP., fka Adaptive Broadband Corporation, Debtor, AMB Property, L. Official Creditors for the Estate of AB Liquidating Corp., fka Adaptive Broadband Corporation, Appellee. This case arises from the bankruptcy of Adaptive Broadband Corporation ("Debtor"). In that judgment, the bankruptcy court sustained the Creditors' Committee's objection to AMB's claim against Debtor's estate for breach-of-lease damages.

Accordingly, the $1 million Security Deposit/Letter of Credit was subtracted from one year's rent, yielding AMB's allowable claim of $1 million. Rather than simply applying Oldden to all letters of credit that are provided as security deposits, AMB urges us to adopt reasoning set forth by Judge Klein of the Bankruptcy Appellate Panel. BAP (Cal.) 2003), and his concurrence in In re Mayan Networks, 306 B. However, despite AMB's argument, the resolution of this appeal does not require that we decide whether Judge Klein has set forth the appropriate procedure for applying letter of credit security deposits to landlords' claims.

This analytical framework is largely based on Oldden v. Oldden, a case often cited by bankruptcy courts, involved a landlord who held a cash security deposit from a debtor, and addressed the question of "whether a landlord is required to deduct the amount of security held under a lease from the total damages provided by the lease or from the total claim allowable [under the Bankruptcy Code]." Oldden, 143 F.2d at 918. AMB contends that Judge Klein's majority opinion in In re Condor Systems, Inc., 296 B. Regardless of whether we apply Oldden, or adopt Judge Klein's reasoning, the result is the same; the judgment below stands.

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BC Corporate Registry Saskatchewan Corporate Registry If your cooperative is from another province or country you must submit a cancellation request.Until the ACFR grants it official status, the XML rendition of the daily Federal Register on Federal does not provide legal notice to the public or judicial notice to the courts.In re: AB LIQUIDATING CORP., fka Adaptive Broadband Corporation, Debtor, AMB Property, L. Official Creditors for the Estate of AB Liquidating Corp., fka Adaptive Broadband Corporation, Appellee. This case arises from the bankruptcy of Adaptive Broadband Corporation ("Debtor"). In that judgment, the bankruptcy court sustained the Creditors' Committee's objection to AMB's claim against Debtor's estate for breach-of-lease damages.Accordingly, the $1 million Security Deposit/Letter of Credit was subtracted from one year's rent, yielding AMB's allowable claim of $1 million. Rather than simply applying Oldden to all letters of credit that are provided as security deposits, AMB urges us to adopt reasoning set forth by Judge Klein of the Bankruptcy Appellate Panel. BAP (Cal.) 2003), and his concurrence in In re Mayan Networks, 306 B. However, despite AMB's argument, the resolution of this appeal does not require that we decide whether Judge Klein has set forth the appropriate procedure for applying letter of credit security deposits to landlords' claims.This analytical framework is largely based on Oldden v. Oldden, a case often cited by bankruptcy courts, involved a landlord who held a cash security deposit from a debtor, and addressed the question of "whether a landlord is required to deduct the amount of security held under a lease from the total damages provided by the lease or from the total claim allowable [under the Bankruptcy Code]." Oldden, 143 F.2d at 918. AMB contends that Judge Klein's majority opinion in In re Condor Systems, Inc., 296 B. Regardless of whether we apply Oldden, or adopt Judge Klein's reasoning, the result is the same; the judgment below stands.

million. Rather than simply applying Oldden to all letters of credit that are provided as security deposits, AMB urges us to adopt reasoning set forth by Judge Klein of the Bankruptcy Appellate Panel. BAP (Cal.) 2003), and his concurrence in In re Mayan Networks, 306 B. However, despite AMB's argument, the resolution of this appeal does not require that we decide whether Judge Klein has set forth the appropriate procedure for applying letter of credit security deposits to landlords' claims.This analytical framework is largely based on Oldden v. Oldden, a case often cited by bankruptcy courts, involved a landlord who held a cash security deposit from a debtor, and addressed the question of "whether a landlord is required to deduct the amount of security held under a lease from the total damages provided by the lease or from the total claim allowable [under the Bankruptcy Code]." Oldden, 143 F.2d at 918. AMB contends that Judge Klein's majority opinion in In re Condor Systems, Inc., 296 B. Regardless of whether we apply Oldden, or adopt Judge Klein's reasoning, the result is the same; the judgment below stands.

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("AMB"), Debtor's pre-petition landlord, appeals from the district court's affirmance of the bankruptcy court's judgment.