Publication Date: 2017-05-26
Practice Area: Bankruptcy | Real Estate
Industry: Real Estate
Date Filed: 2017-05-26
Court: 9th Cir.
Judge: H. Russel Holland, District Judge, Presiding Before: Sidney R. Thomas, Chief Judge, and Alex Kozinski, Diarmuid F. O'Scannlain, Susan P. Graber, Ronald M. Gould, Richard C. Tallman, Carlos T. Bea, Jacqueline H. Nguyen, Andrew D. Hurwitz, John B. Owens, and Michelle T. Friedland, Circuit Judges.
Attorneys: For plaintiff: Edward K. Poor (argued), Quarles & Brady LLP, Chicago, Illinois; Brian Sirower and Walter J. Ashbrook, Quarles & Brady LLP, Phoenix, Arizona; for Plaintiff-Appellant.
for defendant: Susan M. Freeman (argued), Henk Taylor, and Justin Henderson, Lewis and Roca LLP, Phoenix, Arizona; Bradley D. Pack, Scott B. Cohen, and David Wm. Engelman, Engelman Berger P.C., Phoenix, Arizona; for Defendant-Appellee Defendant-Appellee.
Case Number: No. 12-17241 No. 12-17327 No. 13-16164 No. 13-16180
Cram-down valuation of building must be based upon building's actual proposed use rather than potential foreclosure value (Hurwitz, J.)