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5th Circuit: Bankruptcy Court Erred; Creditor's Liens Not Valid And Enforceable

NEW ORLEANS - A panel of the Fifth Circuit of the U.S. Court of Appeals on April 5 ruled that a bankruptcy court erred when it found that creditors in a bankruptcy proceeding had valid mechanic's liens against the debtor (First National Bank v. Crescent Electric Supply Company $(In the Matter of: Renaissance Hospital Grand Prairie Inc.$), No. 12-10386, Chapter 11, 5th Cir.; 2013 U.S. App. LEXIS 6945)....(read more)Image may be NSFW.
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