Legal Opinion
In Re United Air Lines, Inc., Debtor. U.S. Bank National Association, Cross-Appellee v. United Air Lines, Inc., Debtor-Appellee
Court of Appeals for the Seventh Circuit
Decided February 13, 2006No. 05-1752, 05-1814PublishedCited by 17 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
The fundamental question in this consolidated appeal is when title to funds held in trust passes to a beneficiary. That question is broad, and an imprecise resolution might have far-reaching implications for, among other things, the law of secured transactions. The facts of this appeal, however, limit its scope. While this appeal involves a basic question about secured-lending relationships, it more importantly involves a beneficiary on the brink of bankruptcy. How to resolve this fundamental question in this particular situation is not easy.
The cases underlying this…
2Cases cited29 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Waller v. Truck Insurance Exchange, Inc.California Supreme Court · 1995
- Corliss v. BowersSupreme Court of the United States · 1930
- Citizens Bank of Md. v. StrumpfSupreme Court of the United States · 1995
- Studley v. Boylston National BankSupreme Court of the United States · 1913
24 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- John Doe v. Archdiocese of MilwaukeeCourt of Appeals for the Seventh Circuit · 2014
- Badami v. Sears (In Re AFY, Inc.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2012
- In Re: United Air Lines, Inc., Debtor. United Air Lines, Inc. v. Hsbc Bank USA as Paying Agent, and City and County of DenverCourt of Appeals for the Seventh Circuit · 2006
- United States v. ChristieCourt of Appeals for the Tenth Circuit · 2013
- Raytheon Aircraft Co. v. United StatesDistrict Court, D. Kansas · 2006
12 more not listed; retrieve them via the Exa API.