(DOWNLOAD) "Mcconnaughey v. West Cent. Farm Credit Service" by United States Court of Appeals for the Third Circuit " eBook PDF Kindle ePub Free
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.