Legal Opinion

Walat Farms, Inc. v. United States (In Re Walat Farms, Inc.)

United States Bankruptcy Court, E.D. Michigan

Decided January 27, 1987No. 19-41358PublishedCited by 32 opinions

1Opinion of the Court

MEMORANDUM OPINION DENYING DEBTOR IN POSSESSION’S REQUEST FOR TURNOVER OF FUNDS

ARTHUR J. SPECTOR, Bankruptcy Judge.

The facts are not disputed. In 1984, the debtor Walat Farms, Inc., (hereafter plaintiff) obtained loans from the Commodity Credit Corporation (hereafter defendant), secured by liens on debtor’s 1984 com and soybean crops. In February, 1985 the debtor signed a contract with the defendant to participate in the 1985 Price Support and Production Adjustment Program. The program required the debtor to refrain from planting crops and to maintain ground cover on its farmland in return…

2Cases cited11 opinions

In the Matter of Whitcomb & Keller Mortgage Co., Inc., Debtor. Data-Link Systems, Inc. v. Whitcomb & Keller Mortgage Co., Inc.Court of Appeals for the Seventh Circuit · 1983
In Re Braniff Airways, Inc.United States Bankruptcy Court, N.D. Texas · 1984
In Re Yonkers Hamilton Sanitarium Inc.United States Bankruptcy Court, S.D. New York · 1982
In Re Shoppers Paradise, Inc.United States Bankruptcy Court, S.D. New York · 1980
United States v. Midwest Service & Supply Co. (In Re Midwest Service & Supply Co.)District Court, D. Utah · 1983

6 more not listed; retrieve them via the Exa API.

3Cited by32 opinions

United States of America, Acting Through the Agricultural Stabilization and Conservation Service v. Willis R. GerthCourt of Appeals for the Eighth Circuit · 1993
Century Indemnity Co. v. National Gypsum Co. Settlement Trust (In Re National Gypsum Co.)Court of Appeals for the Fifth Circuit · 2000
Greseth v. Federal Land Bank (In Re Greseth)District Court, D. Minnesota · 1987
In re National Gypsum Co.Court of Appeals for the Fifth Circuit · 2000
In Re RinehartUnited States Bankruptcy Court, D. South Dakota · 1987

27 more not listed; retrieve them via the Exa API.