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IN RE ADAMSON APPAREL, INC.

No. 12-57059.

785 F.3d 1285 (2015)

In re ADAMSON APPAREL, INC., Debtor. Alberta P. Stahl, Chapter 7 Trustee of Adamson Apparel, Inc., Appellant, v. Arnold H. Simon, Appellee.

United States Court of Appeals, Ninth Circuit.

Filed May 6, 2015.

Attorney(s) appearing for the Case

James K.T. Hunter (argued) and Malhar S. Pagay , Pachulski Stang Ziehl & Jones LLP, Los Angeles, CA, for Appellant.

Leslie A. Cohen (argued) and J'aime K. Williams , Leslie Cohen Law PC, Santa Monica, CA, for Appellee.

Before: RONALD LEE GILMAN, SUSAN P. GRABER, and CONSUELO M. CALLAHAN, Circuit Judges.

OPINION

This case presents an unresolved issue of bankruptcy law. The question is whether a corporate insider who personally guaranteed his corporation's loan is absolved of any preference liability to which he might otherwise have been subjected, where he had previously waived his indemnification rights against...

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