Case: 14-11373 Date Filed: 10/16/2014 Page: 1 of 3
[DO NOT PUBLISH]
IN THE UNITED STATES COURT OF APPEALS
FOR THE ELEVENTH CIRCUIT
___________________________
No. 14-11373
Non-Argument Calendar
___________________________
D. C. Docket Nos. 3:14-cv-00200-BJD; 3:13-bkc-00346-PMG
In re: PHALLY LANG,
Debtor.
_____________________________
THE BANK OF NEW YORK MELLON,
f.k.a. Bank of New York,
Plaintiff-Appellant,
versus
PHALLY LANG,
Defendant-Appellee.
______________________________
Appeal from the United States District Court
for the Middle District of Florida
_______________________________
(October 16, 2014)
Case: 14-11373 Date Filed: 10/16/2014 Page: 2 of 3
Before TJOFLAT, JORDAN, and EDMONDSON, Circuit Judges.
PER CURIAM:
Bank of America, N.A., as servicer for The Bank of New York Mellon,
appeals the district court’s summary affirmance of the bankruptcy court’s order
voiding a wholly unsecured second priority lien on residential property owned by a
Chapter 7 debtor.
The bankruptcy court granted Debtor’s request to “strip off” the unsecured
junior lien, based on this Court’s binding precedent in McNeal v. GMAC Mortg.,
LLC (In re McNeal), 735 F.3d 1263 (11th Cir. 2012) (citing Folendore v. United
States Small Bus. Admin. (In re Folendore), 862 F.2d 1537 (11th Cir. 1989)). In
McNeal, this Court concluded that a Chapter 7 debtor is allowed to “strip off” a
second priority lien on his home, pursuant to 11 U.S.C. § 506(a) and (d), when the
first priority lien exceeds the value of the property.
Bank of America acknowledges that this panel is bound by the Court’s
decisions in McNeal and Folendore, but reserves the right to seek reconsideration
of the issue by the en banc Court. Cf. United States v. Smith, 122 F.3d 1355, 1359
(11th Cir. 1997) (“Under the prior panel precedent rule, we are bound by earlier
2
Case: 14-11373 Date Filed: 10/16/2014 Page: 3 of 3
panel holdings . . . unless and until they are overruled en banc or by the Supreme
Court.”).
AFFIRMED.
3