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Federal Courts -
8th Circuit Court of Appeals - January 10, 2007
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LaSalle Bank, N.A. v. Takes (In re Takes), No. 06-1373,
UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT, January 10, 2007, Filed
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Overview: Applying the prior debts exception in Iowa Code § 561.21(1), the debtors' homestead exemption in a condominium was properly limited to the proceeds of their prior leasehold interest, an independent homestead created by the payment of a entrance fee under a residency agreement, that were reinvested to purchase the property, their new homestead.
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Minn. Towers, Inc. v. City of Duluth, No. 06-1118,
UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT, January 10, 2007, Filed
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Overview: A city council did not have to provide written reasons for its denial of a special use permit within 60 days of the application, as required by Minn. Stat. § 15.99, subd. 2(c), because § 15.99, subd. 2(c), only applied where council approved a resolution to deny a permit or a zoning request, not where the council rejected an approval resolution.
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Peltz v. Edward Vancil, Inc. (In re Bridge Info. Sys.), No. 05-3108, No. 05-3196,
UNITED STATES COURT OF APPEALS FOR THE EIGHTH CIRCUIT, January 10, 2007, Filed
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Overview: Payment by debtor to a lessee, as consideration for its termination of future options to renew the lease which the parties had negotiated, was held not to be payment on an antecedent debt, and therefore did not constitute an avoidable transfer under 11 U.S.C.S. § 547(b).
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