Case Study: Grossman’s V. Gordon Van Brunt

Law360, New York (July 19, 2010, 11:18 AM EDT) -- In JELD-WEN Inc. fka Grossman’s Inc. v. Gordon Van Brunt, No. 09-1563 (3d Cir. June 3, 2010), the United States Court of Appeals for the Third Circuit sitting en banc overturned its 1984 decision in Avellino & Bienes v. M. Frenville Co. (Matter of M. Frenville Co.), 744 F.2d 332 (3d Cir. 1984), which adopted an “accrual test” for determining when a “claim” arises under the Bankruptcy Code. The Frenville “accrual test” for determining when a “claim” arises is one of the Third Circuit’s most criticized...
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