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.