In Re Anderson

Good Law
833 F.2d 834·16 Bankr. Ct. Dec. (CRR) 1262·1987 U.S. App. LEXIS 15681
United States Court of Appeals for the Ninth CircuitDecember 2, 198787-1611California1,189 words

Opinion

Opinion

833 F.2d 834 16 Bankr.Ct.Dec. 1262 , Bankr. L. Rep. P 72,119 In re Lilly C. ANDERSON, aka L.C. Gross, Debtor. BANK OF HONOLULU, Appellant, v. Lilly C. ANDERSON, aka L.C. Gross, Carolyn Penna Winchester, the Trustee in Bankruptcy, Appellees. No. 87-1611. United States Court of Appeals, Ninth Circuit. Argued and Submitted Nov. 4, 1987. Decided Dec. 2, 1987. Gregory P. Conlin, Chun, Kerr and Dodd, Honolulu, Hawaii, for appellant. Terry L. Day, Brown and Johnston and R. Steven Geshell, Honolulu, Hawaii, for appellees. Appeal from the Bankruptcy Appellate Panel for the Court of Appeals for the Ninth Circuit. Before BROWNING, Chief Judge, WRIGHT and LEAVY, Circuit Judges. PER CURIAM: 1 In this case we consider whether the Bankruptcy Appellate Panel affirmed properly the bankruptcy court's decision to deny an award of additional interest to compensate an oversecured creditor for delay in obtaining payment on its claim. We affirm the panel's finding that the bankruptcy court acted within its discretion. BACKGROUND 2 In March 1978 the Bank and Anderson, the debtor, entered into an Agreement of Sale by which Anderson would purchase residential property from the Bank. Anderson would make…

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