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KK-PB Financial, LLC v. 160 Royal Palm, LLC

Paid petition · United States Court of Appeals for the Eleventh Circuit, No. 19-11402 · judgment November 25, 2019

Certiorari denied · October 13, 2020

Pre-decision estimate: 1% cert probability

Before the decision, well below the 4.1% base rate, with no standout signals pointing toward a grant.

Question presented

Does a bankruptcy court abuse its discretion when it cancels public bid procedures and approves the private sale of a debtor’s principal asset, even though another bidder has presented a higher and better offer and the private sale does not maximize the value to the debtor’s estate?

Counsel of record

For petitioner
Jaime Augusto Bianchi
White and Case LLP

For respondent
George Eric Brunstad Jr.
Dechert LLP

Case

Conference history
Distributed for 1 conference

Proceedings

Oct 13 2020
Petition DENIED.
Sep 16 2020
DISTRIBUTED for Conference of 10/9/2020.
Sep 14 2020
Reply of petitioner KK-PB Financial, LLC filed. (Distributed)
Sep 01 2020
Brief of respondent 160 Royal Palm, LLC in opposition filed.
Jul 16 2020
Motion to extend the time to file a response is granted and the time is extended to and including September 2, 2020.
Jul 15 2020
Motion to extend the time to file a response from August 3, 2020 to September 2, 2020, submitted to The Clerk.
Jun 29 2020
Petition for a writ of certiorari filed. (Response due August 3, 2020)