United States Third Circuit

A secured creditor in a Chapter 7 bankruptcy may recover the insurance proceeds intended to pay for damage to its collateral, while retaining the fully repaired collateral.

Appellate Information

• Argued 10/26/2004
• Decided 02/11/2005
• Published 02/11/2005

Judges

• Before: SCIRICA, Chief Judge, FISHER and BECKER, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Diane E. Vuocolo (Argued), Duane Morris, Philadelphia, PA, for Appellant.


• For Appellees:
  
• Jeffrey M. Schlerf, The Bayard Firm, Wilmington, DE, Jill Levi (Argued), Todd & Levi, New York, NY, for Appellee.