United States Ninth Circuit

In debtors' appeal from the bankruptcy court's order avoiding a transfer of a security interest in an automobile to a bank, the order is reversed where the bankruptcy court's determination of the value of the security interest was clearly erroneous, because there was no evidence to support the bankruptcy court's finding that the value of the security interest equaled the amount of the original loan at the time the bank perfected its security interest.

Appellate Information

• Argued 08/03/2009
• Decided 03/22/2010
• Published 03/22/2010

Judges

• Before HARRY PREGERSON, JOHN T. NOONAN and CARLOS T. BEA, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellees:
  
• Lawrence Gary Reinhold, Weinstein & Riley, P.S., Akron, OH, for the defendant-appellant., Thomas W. Stilley, Sussman Shank LLP, Portland, OR, for the plaintiff-appellee.