Legal Opinion
Barber v. Princeville State Bank (In re Ostrom-Martin, Inc.)
District Court, C.D. Illinois
Decided December 15, 1993No. Bankruptcy No. 92-80099; Adv. No. 92-8162PublishedCited by 7 opinions
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Chief Judge.
Before the Court are cross motions for summary judgment. A hearing was held on June 8, 1993, and the matter was taken under advisement.
OSTROM-MARTIN, INC. (OMI) operated a grain elevator. OMI’s grain dealer’s license expired on November 29, 1991. On December 30,1991, OMI closed its doors and the Illinois Department of Agriculture, acting through its Bureau of Warehouses (DEPARTMENT), seized the elevator. On January 2, 1992, the Defendant, the PRINCE-VILLE STATE BANK (PRINCEVILLE) set off OMI’s bank account in the amount of $309,217.80. OMI was the…
2Cases cited14 opinions
- Union Stock Yards Bank v. GillespieSupreme Court of the United States · 1890
- First Nat. Bank of Baltimore v. StaakeSupreme Court of the United States · 1906
- Tonyan Construction Co. v. McHenry State Bank (In Re Tonyan Construction Co.)United States Bankruptcy Court, N.D. Illinois · 1983
- Clemmer v. Drovers' National BankIllinois Supreme Court · 1895
- Bonhiver v. State Bank of ClearingAppellate Court of Illinois · 1975
9 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Heintz v. Carey (In Re Heintz)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1996
- In Re Greater Southeast Community Hospital Foundation, Inc.District Court, District of Columbia · 1999
- Wiscovitch-Rentas v. Banco Popular De Puerto Rico (In re Rivera)Bankruptcy Appellate Panel of the First Circuit · 2019
- Ball v. United Cumberland Bank (In re Ball)United States Bankruptcy Court, E.D. Kentucky · 2017
- Farmers Grain Co. v. United StatesUnited States Court of Federal Claims · 1995
2 more not listed; retrieve them via the Exa API.