Pioneer Investment Services Company v. Brunswick Associates Limited Partnership et al. (507 U.S. 380)

U.S. Supreme Court · decided March 24, 1993 · Supreme Court Database (Spaeth)

Citation
507 U.S. 380 · 113 S. Ct. 1489
Decided
March 24, 1993
Term
October Term 1992
Vote
5–4
Majority author
Justice White
Issue area
Economic Activity
Disposition
Affirmed
Outcome
Petitioning party lost
Ideological direction
Conservative

Opinion excerpt

Justice White delivered the opinion of the Court. Rule 3003(c) of the Federal Rules of Bankruptcy Procedure sets out the requirements for filing proofs of claim in Chapter 9 Municipality and Chapter 11 Reorganization cases. Rule 3003(c)(3) provides that the “court shall fix and for cause shown may extend the time within which proofs of claim or interest may be filed.” Rule 9006 is a general rule governing the computation, enlargement, and reduction of periods of time prescribed in other bankruptcy rules. Rule 9006(b)(1) empowers a bankruptcy court to permit a late filing if the movant’s failure to comply with an earlier deadline “was the result of excusable neglect.” In this case, we are called upon to decide whether an attorney’s inadvertent failure to file a proof of claim within the deadline set by the court can constitute “excusable neglect” within the meaning of the Rule. Finding that it can, we affirm. HH On April 12, 1989, petitioner filed a voluntary petition for bankruptcy in the United States Bankruptcy Court for the Eastern District of Tennessee. The petition sought relief under Chapter 11 of the Bankruptcy Code. Petitioner also filed a list of its 20 largest unsecured creditors, including all but one of respondents here. The following month, after obtaining extensions of time from the Bankruptcy Court, petitioner filed a statement of financial affairs and…

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