Logourl black
From our private database of 14,200+ case briefs...

In re Puff

United States Bankruptcy Court for the Northern District of Iowa
2011 WL 2604759


Facts

Puff (debtor) filed for reorganization under chapter 11 of the bankruptcy code. Wells Fargo Financial Leasing (Wells Fargo) (creditor) and Farmers Savings Bank (Farmers) (creditor) held secured claims on real estate owned by Puff. Wells Fargo and Farmers made valuation assessments on those properties that differed significantly from Puff’s valuations. Wells Fargo also alleged that some of its secured claims were true leases and would therefore be handled differently in the reorganization. Wells Fargo and Farmers objected to Puff’s third amended disclosure statement, alleging that the disclosure statement was insufficient because it did not include information regarding the differences in valuations or the possibility that some of Wells Fargo’s secured claims were true leases. Puff requested the bankruptcy court’s approval of the disclosure statement, and the bankruptcy court held a hearing.

Rule of Law

Issue

Holding and Reasoning (Collins, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 250,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 14,200 briefs, keyed to 189 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.