Kelley, et al v. Centennial Bank, No. 12-6050 (8th Cir. 2013)
Annotate this CaseDebtors appealed from a bankruptcy court order requiring them to convey to the bank real property. At issue was whether the bankruptcy court erred in its interpretation of the phrase "abandon the properties to Centennial Bank," as used in its earlier order and in debtors' confirmed Chapter 11 plan, to require debtors to convey real property to the bank. The bankruptcy appellate panel held that the bankruptcy court acted within its discretion when it interpreted its order and the Chapter 11 plan to mean that debtors were required to convey the real property to the bank.
Court Description: Bankruptcy Appellate Panel. Bankruptcy court acted within its discretion when it interpreted its prior order and the Chapter 11 plan to mean that debtors were required to convey the real property in question to the bank. [ January 29, 2013
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