In re Point Center Financial, Inc.

An appellant's failure to attend and object at a bankruptcy court hearing has no bearing on the question of whether that appellant has standing to appeal a bankruptcy court order. The Ninth Circuit reversed the district court's dismissal of an appeal from the bankruptcy court's order authorizing a Chapter 7 trustee to assume the operating agreement of an LLC whose interests were implicated in the bankruptcy proceedings. The district court dismissed the appeal on the ground that appellants lacked standing to challenge the bankruptcy court order. The panel held that appellants' attendance and objection were not prerequisites for satisfying the "person aggrieved" requirement for prudential standing. Therefore, the panel remanded to the district court. View "In re Point Center Financial, Inc." on Justia Law