Opinion · Supreme Court of the United States

Wallis v. Justice Oaks II, Ltd.

498 U.S. 959

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1990-11-05
Topic
bankruptcy

acknowledging Florida’s adoption of the “transactional” test set forth in Restatement (2d) of Judgments § 24 (1982) | creditor lost its right to object to another creditors claim once the bankruptcy court confirmed the debtor’s plan | order confirming a plan of reorganization is entitled to preclusive effect on all claims or issues which were raised or could have been raised in the confirmation proceedings | an objection that challenges the classification of a claim must be made before confirmation of the chapter 13 plan or it will be deemed allowed by the confirmation order | although addressing the issue as one of finality, circuit court refused to apply res judicata where bankruptcy court, in entering order approving settlement, “consider[ed] many factors other than the merits” of the underlying dispute | bankruptcy court’s order confirming a reorganization plan entitled to res judicata effect

Citator

Cited by
39 opinions

Case below, 898 F.2d 1544.

Petition for writ of certiorari to the United States Court of Appeals for the Eleventh Circuit.

Denied.