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Neuhauser Ranch, Inc. v. Lone Star Cattle Limited Partnership, Lone Star Cattle Company, Ken Jones, Kenneth Jones, Double K Cattle Co. aka KK Cattle Company, Western General Corp. aka General Western Corp., and Bankwest, Inc. (In re Neuhauser Ranch, Inc.)

Bankr. No.: 
87-50123
Adv. No.: 
88-5005
Chapter: 
12
Date of Decision: 
October 13, 1989
Issue: 
Motion for terms against counsel for debtor.
Ruling: 
(1) Counsel's failure to determine whether damages claimed against creditor bank were well grounded in fact and warranted by law was sanctionable under Rule 9011. (2) Counsel's claims concerning the validity of creditor's bank's liens were not objectively the product of a reasonable inquiry, nor well grounded in fact or warranted by law, thus contravening Rule 9011.
Full Bankruptcy Court Decision: 
PDF icon Neuhauser Ranch Adv. 88-5005 terms 10 13 89.pdf