Legal Opinion
Iron Peddlers, Inc. v. Ivie & Associates, Inc. (In Re Ivie & Associates, Inc.)
United States Bankruptcy Court, N.D. Georgia
Decided March 17, 1988No. 19-40207PublishedCited by 4 opinions
1Opinion of the Court
ORDER
STACEY W. COTTON, Bankruptcy Judge.
Iron Peddlers, Inc. (“IPI”) is before the court on its motion for relief from the automatic stay under Section 362 of the Bankruptcy Code. The Chattahoochee Bank (“Bank”) has filed an objection based on its claim that its security interest has priority over IPI’s security interest. This is a core proceeding pursuant to 28 U.S.C. Section 157(b)(2)(G) and (K).
For the reasons set forth herein, the court sustains the Bank’s objection and concludes that the Bank’s security interest has priority over IPI’s purchase money security interest as to two pieces of…
2Cases cited8 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- Armstrong v. ManzoSupreme Court of the United States · 1965
- In Re Birmingham Reverse Discrimination Employment LitigationCourt of Appeals for the Eleventh Circuit · 1988
- In the Matter of Automated Bookbinding Services, Inc., Bankrupt. Finance Company of America v. Hans Mueller CorporationCourt of Appeals for the Fourth Circuit · 1972
- James Talcott, Inc. v. Associates Capital Company, Inc., and the Highway Equipment CompanyCourt of Appeals for the Sixth Circuit · 1974
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3Cited by4 opinions
- Citizens Bank v. Federal Financial Services, Inc.Court of Appeals of Georgia · 1998
- In Re O'Hara Bros., Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1993
- Michaels v. Ford Motor Credit Co. (In Re Michaels)United States Bankruptcy Court, E.D. Wisconsin · 1993
- Coastal Bank v. Douglas Asphalt Co. (In re Galbreath Clearing & Grading, Inc.)United States Bankruptcy Court, S.D. Georgia · 2000