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066058P.pdf   03/09/2007  PW Enterprises, Inc.  v.  State of North Dakota
   U.S. Court of Appeals Case No:  06-6058
   U.S. Bankruptcy Court for the District of North Dakota   
   [PUBLISHED] [Schermer, Author, with Federman and Venters,
   Bankruptcy Judges]
Bankruptcy Appellate Panel. Without prior court approval, derivative standing does not exist, and the bankruptcy court did not err in when it denied plaintiff's belated request to assert avoidance and recovery actions on behalf of the estate; however, in the remaining counts of the complaint plaintiff seeks disallowance of the defendants' claims, the denial of priority status to defendants' claims and the equitable subordination of defendants' claims and it had standing under Section 502(a) as a party in interest to object to defendants' claims and their priority status; case remanded with directions to reinstate these counts.