Legal Opinion
Municipal Equipment Mfg., Inc. v. Newport (In Re Hockaday)
United States Bankruptcy Court, M.D. Tennessee
Decided July 13, 1994No. Bankruptcy 392-10244PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM
KEITH M. LUNDIN, Bankruptcy Judge.
The question presented is whether a judgment creditor’s attempted prepetition levy on property of the debtor defeats the Chapter 7 trustee’s hypothetical judgment lien creditor status under 11 U.S.C. § 544(a). 1 The trustee prevails because the creditor’s levy was defective under Tennessee law. The following are findings of fact and conclusions of law. Fed.R.Bankr.P. 7052.
I
On September 9, 1991, Municipal Equipment Mfg., Inc. obtained a $23,091.98 default judgment against this debtor in the Chancery Court for Wilson County, Tennessee. An Execution…
2Cases cited13 opinions
- Freeman v. DawsonSupreme Court of the United States · 1884
- Nighbert v. HornsbyTennessee Supreme Court · 1897
- W. E. Stephens Manufacturing Co. v. MillerCourt of Appeals of Kentucky · 1968
- Evans v. HigdonTennessee Supreme Court · 1872
- Shannon v. ErwinTennessee Supreme Court · 1872
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3Cited by1 opinion
- Gerald Ingle, D/B/A Ingle's Sawmill & Log Co. v. Christopher W. Head and Wife, Bernadine L. HeadCourt of Appeals of Tennessee · 2007