Legal Opinion
Peoples Bank of Tuscaloosa v. Computer Room, Inc. (In Re Computer Room, Inc.)
United States Bankruptcy Court, N.D. Alabama
Decided November 12, 1982No. 19-80316PublishedCited by 43 opinions
1Opinion of the Court
GEORGE S. WRIGHT, Bankruptcy Judge.
ORDER OF THE COURT
The issue before the Court is whether the doctrine of marshaling of assets should be invoked.
I.FINDINGS OF FACT
1. The Computer Room, Inc. filed a Chapter 7 petition on November 25, 1981.
2. On July 1, 1981, the creditor, First Alabama Bank of Tuscaloosa, N.A. (FAB) perfected a general security interest in debtor’s accounts receivable, inventory (including tangible personal property) and contract rights (Fund # 1), as security for a debt of $9,842.88.
3. On September 18, 1981, Peoples Bank of Tuscaloosa (Peoples Bank) perfected a security…
2Cases cited31 opinions
- Stowers v. MahonCourt of Appeals for the Fifth Circuit · 1976
- Meyer v. United StatesSupreme Court of the United States · 1963
- Nelson & Hatch v. DunnSupreme Court of Alabama · 1849
- In Re Jack Green's Fashions For Men Big And Tall, Inc.Court of Appeals for the Eighth Circuit · 1979
- Farmers & Merchants Bank v. GibsonUnited States Bankruptcy Court, N.D. Florida · 1980
26 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- In Re Center Wholesale, Inc.Court of Appeals for the Ninth Circuit · 1985
- Bergquist v. Anderson-Greenwood Aviation Corp. (In Re Bellanca Aircraft Corp.)United States Bankruptcy Court, D. Minnesota · 1985
- Fundex Capital Corp. v. Balaber-Strauss (In Re Tampa Chain Co.)United States Bankruptcy Court, S.D. New York · 1985
- James A. Lewis, Esquire, Trustee for Joseph M. Eaton Builders, Inc. v. Thomas J. And Linda M. DiethornCourt of Appeals for the Third Circuit · 1990
- Chittenden Trust Co. v. Sebert Lumber, Co. (In Re Vermont Toy Works, Inc.)United States Bankruptcy Court, D. Vermont · 1987
38 more not listed; retrieve them via the Exa API.