B-Line, LLC v. Wingerter, No. 08-4455

In Chapter 13 proceedings, the decision of the bankruptcy court in holding that plaintiff's purchase of a creditor's claim against the debtors was not valid is reversed where: 1) the bankruptcy court clearly erred in finding that the purchase agreement between the plaintiff and the intermediary did not contain representations about the validity of the claims purchased by plaintiff; and 2) the bankruptcy court abused its discretion in determining that plaintiff's actions violated Rule 9011(b) and were therefore sanctionable. 

Read B-Line, LLC v. Wingerter, No. 08-4455

Appellate Information

Argued: December 4, 2009

Decided and Filed: January 25, 2010

Judges

Opinion by Circuit Judge  Gilman

Counsel

For Appellant:  Linh K. Tran, Louis H. Treiger

For Appellee:   N/A