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[DOWNLOAD] "Mcconnaughey v. West Cent. Farm Credit Service" by United States Court of Appeals for the Third Circuit ~ Book PDF Kindle ePub Free

Mcconnaughey v. West Cent. Farm Credit Service

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eBook details

  • Title: Mcconnaughey v. West Cent. Farm Credit Service
  • Author : United States Court of Appeals for the Third Circuit
  • Release Date : January 24, 1994
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 69 KB

Description

In this bankruptcy case, the bankruptcy court granted a motion by the City of Philadelphia ("the City") to recover unsecured post-petition real estate taxes and water/sewer rents from the secured creditor, United Jersey Bank ("UJB"), pursuant to 11 U.S.C. § 506 (c). The district court affirmed the order of the bankruptcy court. Because the City did not demonstrate that the taxes conferred a direct benefit to the creditor whose claim the property secures, we will reverse the order of the district court.


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