9th Circuit Panel: Creditor Not Entitled To Money From Sale Of Debtor’s House
November 5, 2009 By
SAN FRANCISCO - A panel of the Ninth Circuit U.S. Court of Appeals on Oct. 29 affirmed a lower court's ruling that a creditor was not permitted to sue a trustee for his distribution of proceeds gained through the sale of a debtor's house because the creditor lacked standing (Mel M. Marin v. Randall P. Sanders [In Re: Milivoj Marinkovic], No. 08-17273, Chapter 11, 9th Cir.; 2009 U.S. App. LEXIS 23880).
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