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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.
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