Legal Opinion
Bezanson v. Indian Head National Bank (In Re J.L. Graphics, Inc.)
United States Bankruptcy Court, D. New Hampshire
Decided May 8, 1986No. 19-10190PublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM OPINION
JAMES E. YACOS, Bankruptcy Judge.
These cases present the troublesome question of the effect upon the legal rights of a secured lender having a floating lien upon accounts receivable when its borrower commences a Chapter 11 reorganization proceeding and the parties proceed under some tentative agreement but fail to obtain any court order authorizing post-petition borrowing and attachment of the floating lien to post-petition accounts receivable pri- or to the conversion of the case to a Chapter 7 liquidation proceeding.
Both cases involve essentially the same factual pattern —…
2Cases cited10 opinions
- In Re Texlon CorporationCourt of Appeals for the Second Circuit · 1979
- In Re American Cooler Co.Court of Appeals for the Second Circuit · 1942
- Matter of Sullivan Ford SalesUnited States Bankruptcy Court, D. Maine · 1980
- Mercantile National Bank at Dallas v. Aerosmith Denton Corp. (In Re Aerosmith Denton Corp.)United States Bankruptcy Court, N.D. Texas · 1983
- In Re Monach Circuit Industries, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1984
5 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In Re Cross Baking Co., Inc., Debtor. New Hampshire Business Development Corporation v. Cross Baking Company, Inc.Court of Appeals for the First Circuit · 1987
- Sapir v. C.P.Q. Colorchrome Corp. (In re Photo Promotion Associates, Inc.)Court of Appeals for the Second Circuit · 1989
- General Electric Capital Corp. v. Hoerner (In Re Grand Valley Sport & Marine, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
- In Re Braniff International Airlines, Inc.United States Bankruptcy Court, E.D. New York · 1994
- In Re Roxy Rollier Rink Joint VentureUnited States Bankruptcy Court, S.D. New York · 1987
12 more not listed; retrieve them via the Exa API.