United States Ninth Circuit
THRIFTY OIL CO. v. BANK OF AM. NAT'L TRUST & SAV. ASS'N, 00-56159
"Termination damages" under an interest rate swap agreement, entered into between a lender and borrower as part of a larger financing transaction, did not constitute unmatured interest under Bankruptcy Code section 502(b)(2). State bucket shop laws were expressly preempted by a 1992 amendment to the Commodities Exchange Act.
Appellate Information
- Argued 11/04/2002
- Decided 11/19/2002
- Published 11/19/2002
Judges
- Before HALL, THOMPSON, and WARDLAW, Circuit Judges.
Court
- United States Ninth Circuit
Counsel
- For Appellant:
- Stephan M. Ray and Robert A. Greenfield, Stutman, Treister & Glatt, Los Angeles, CA, for the appellant.
- For Appellees:
- Matthew S. Walker, Pillsbury Madison & Sutro, San Diego, CA, for the appellee.