Modifying the Stay Doesn’t Relinquish Jurisdiction Entirely over the Dispute

February 28, 2024

Modifying the Stay Doesn’t Relinquish Jurisdiction Entirely over the Dispute

In bankruptcy proceedings, formal notice isn’t required if there is actual notice, the Tenth Circuit says.

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/Fog+Cap.pdf

Case Details

Case Citation

Summit Investment Management LLC v. Connolly (In re Fog Cap Retail Investors LLC), 22-1297 (10th Cir. Feb. 16, 2024).

Case Name

Summit Investment Management LLC v. Connolly (In re Fog Cap Retail Investors LLC)

Case Type

Business

Court

10th Circuit

Bankruptcy Tags

Automatic Stay

Venue/Jurisdiction

Business Reorganization

Comments

Submitted by [email protected]... on February 28, 2024 - 13:03

Slight correction in the third paragraph: The bankruptcy court modified the stay so that the parties could fight among themselves in *federal* court (United States District Court for the Western District of Oklahoma ).