Third Circuit Reinstates Action Over Stay Violation in Investment Management Company's Bankruptcy
The Third Circuit has vacated the dismissal of an investment management company's lawsuit over its creditors' violation of an automatic stay in its bankruptcy proceedings.
October 22, 2019 at 04:06 PM
3 minute read
The original version of this story was published on Delaware Law Weekly
A federal appeals court has vacated the dismissal of an investment management company's lawsuit over its creditors' violation of an automatic stay in its bankruptcy proceedings.
The U.S. Court of Appeals for the Third Circuit on Tuesday granted debtor Healthcare Real Estate Partners' request to revive its adversary proceeding filed under 11 U.S.C. Section 362(k) seeking damages for violation of the automatic stay.
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