Southwest Securities v. Segner
Petition for certiorari denied on May 30, 2017
Issue: Whether, under Section 506(c) of the Bankruptcy Code, which authorizes the trustee to "recover from property securing an allowed secured claim the reasonable, necessary costs and expenses of preserving, or disposing of such property to the extent of any benefit to the holder of such claim[,]" secured creditors are obliged to shoulder the trustee's maintenance costs when retaining encumbered property in the hope of benefiting other creditors for the period a trustee abandons encumbered property. CVSG: 4/24/2017.
SCOTUSblog Coverage
- Justices issue additional orders from September 26 conference (Update) (Amy Howe, October 3, 2016)
| Date | Proceedings and Orders |
|---|---|
| 03/28/2016 | Petition for a writ of certiorari filed. (Response due May 2, 2016) |
| 05/17/2016 | DISTRIBUTED for Conference of June 2, 2016. |
| 05/23/2016 | Response Requested . (Due June 22, 2016) |
| 06/22/2016 | Brief of respondent Milo H. Segner, Jr., Trustee in opposition filed. |
| 07/06/2016 | DISTRIBUTED for Conference of September 26, 2016. |
| 07/06/2016 | Reply of petitioner Southwest Securities, FSB filed. (Distributed) |
| 10/03/2016 | The Acting Solicitor General is invited to file a brief in this case expressing the views of the United States. |
| 04/24/2017 | Brief amicus curiae of United States filed. |
| 05/09/2017 | DISTRIBUTED for Conference of May 25, 2017. |
| 05/12/2017 | Supplemental brief of petitioner Southwest Securities, FSB filed. (Distributed) |
| 05/30/2017 | Petition DENIED. |