FIRST NAT. BANK v. MATT BAUER FARMS CORP.

No. 86-756.

408 N.W.2d 51 (1987)

FIRST NATIONAL BANK OF GLIDDEN, Glidden, Iowa, and United Central Bank of Des Moines, N.A., Plaintiffs, v. MATT BAUER FARMS CORPORATION, Appellant, The Travelers Insurance Company, Appellee, Matthew G. Bauer, et al., Defendants. The TRAVELERS INSURANCE COMPANY, a Corporation, Plaintiff, v. ORVILLE LUDWIG, INC., a Corporation, Orville E. Ludwig and Edna Ludwig, Defendants.

Supreme Court of Iowa.

June 17, 1987.


Attorney(s) appearing for the Case

Robert K. Clements and Randall C. Stravers of Clements, Pothoven, Pabst & Stravers, Oskaloosa, for appellant.

Timothy V. Haight, Joyce D. Palomar, and Kirk S. Blecha of Baird, Holm, McEachen, Pedersen, Hamann & Strasheim, Omaha, Neb., for appellee.

Considered en banc.


LAVORATO, Justice.

The sole question at issue is whether an automatic stay of execution under 11 U.S.C. section 362 triggered by the filing of a voluntary bankruptcy petition bars, under Iowa Code section 628.4 (1985), a debtor's right to redeem from a real estate foreclosure sale. We hold that it does and we affirm.

On February 3, 1984, the district court entered a decree of foreclosure in favor of The Travelers Insurance Company (Travelers) regarding certain...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases