In re S. White Transportation: Creditor's Participation Beyond Receipt of Bankruptcy Notice Required to Void its Lien | Practical Law
The US District Court for the Southern District of Mississippi, Southern Division reversed the June 7, 2011 opinion of the US Bankruptcy Court for Southern District of Mississippi in the case of Acceptance Loan Co., Inc. v. S. White Transportation, Inc. (In re S. White Transportation, Inc.). The District Court ruled that receipt of notice is insufficient to satisfy the requirement that the creditor participate in the reorganization to avoid the creditor's lien.