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Neutral Court Opinion May 01, 2026

Okorie v. Wells Fargo Bank

── Okorie v. Wells Fargo Bank ── Court: Court of Appeals for the Fifth Circuit Date: April 29, 2026 Category: Bankruptcy Case: 25-60490 Document: 47-1 Page: 1 Date Filed: 04/29/2026 United States Court of Appeals for the Fifth Circuit United States Court of Appeals ____________ Fifth Circuit FILED No. 25-60490 April 29, 2026 ____________ Lyle W. Cayce Clerk In the Matter of Ikechukwu H. Okorie, Debtor, Ikechukwu H. Okorie, Appellant, versus Wells Fargo Bank, N.A.; Harris County; Alief Independent School District; West Keegans Bayou Improvement District, Appellees. ______________________________ Appeal from the United States District Court for the Southern District of Mississippi USDC No. 2:25-CV-5 ______________________________ Before Elrod, Chief Judge, and Ho and Ramirez, Circuit Judges. Per Curiam: * _____________________ * This opinion is not designated for publication. See 5th Cir. R. 47.5. Case: 25-60490 Document: 47-1 Page: 2 Date Filed: 04/29/2026 No. 25-60490 Ikechukwu Okorie appeals the district court’s judgment affirming the bankruptcy court’s denial of his motions to void the sales of his real property. We AFFIRM. I In February 2019, Okorie filed an individual petition for relief under Chapter 11 of the Bankruptcy Code. Two years later, his case was voluntarily converted to a Chapter 7 proceeding, and a trustee was appointed. The trustee began gathering and liquidating assets of the estate, including Okorie’s real property in Mississippi (“Mississippi Property”), a condominium in Florida (“Florida Condo”), a house in Texas (“Texas House”), and a house in New Jersey (“New Jersey House”). Between April and August 2021, the trustee filed motions to sell the Mississippi Property, the Florida Condo, and the Texas House free and clear of liens under 11 U.S.C. § 363(f). No one objected to the motions, and the bankruptcy court entered orders authorizing the sales in April, July, and September 2021. Okorie did not appeal any of the sale orders. 1 Okorie received his discharge on October 5, 2021, and his counsel was permitted to withdraw from the representation on February 4, 2022. On April 28, 2022, the trustee filed a motion to sell the New Jersey House. Okorie objected to the sale of the New Jersey House, arguing that the property belonged to his company and that his wife had not waived her “marital interest” in the company’s properties. After a hearing, the bankruptcy court overruled his objections and entered an order approving the sale on June 17, 2022. Okorie did not appeal the sale order. _____________________ 1 Wells Fargo received the proceeds from the sales of the Mississippi Property and Florida Condo in satisfaction of its liens on both properties. 2 Case: 25-60490 Document: 47-1 Page: 3 Date Filed: 04/29/2026 No. 25-60490 Almost two years later, on March 25 and 26, 2024, Okorie filed motions under 11 U.S.C. § 363(n) and
CourtListener · Apr 29, 2026
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