New Mexico Federal Bankruptcy Judge Will Let Water Rights Dispute Go To Trial

Mealey's (December 13, 2017, 10:14 AM EST) -- ALBUQUERQUE, N.M. — A New Mexico federal bankruptcy judge on Dec. 1 denied summary judgment to a trustee who says the estate of a utility is entitled to potential water rights that were transferred by the utility’s sister development company to a water district, leaving the issue for trial (In Re:  Picacho Hills Utility Company, Inc., No. 13-10742, Clarke C. Coll v. Picacho Hills Development Company, Inc., No. 16-01007, D. N.M. Bkcy., 2017 Bankr. LEXIS 4093)....

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