Legal Opinion
In re Patio Springs, Inc.
United States Bankruptcy Court, D. Utah
Decided July 30, 1980No. Bankruptcy No. B-78-00008PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM DECISION
RALPH R. MABEY, Bankruptcy Judge.
On January 4, 1978, Patio Springs, Inc. (Patio Springs or the bankrupt) filed a voluntary petition for relief under Chapter XI of the Bankruptcy Act. At the time of the filing, Patio Springs, owned approximately 12,000 acres of real property in Weber County, Utah. This property was encumbered by a first mortgage in favor of First Security Bank of Utah, N.A. (First Security Bank or the bank). Pursuant to orders of the Court on March 23, 1979 and July 13, 1979, the stay against First Security Bank was vacated and the bank was allowed first to…
2Cases cited9 opinions
- Good Hope Refineries, Inc. v. Belia R. BenavidesCourt of Appeals for the First Circuit · 1979
- In The Matter Of Thomas J. Grosso Investment, Inc.Court of Appeals for the Ninth Circuit · 1972
- Henkin v. Rockower Bros., Inc.District Court, S.D. New York · 1966
- Mollerup v. Storage Systems InternationalUtah Supreme Court · 1977
- In Re SetzlerDistrict Court, S.D. California · 1947
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3Cited by1 opinion
- McTevia v. Howell Industries (In re United Trucking, Inc.)District Court, E.D. Michigan · 1988