Legal Opinion

In Re Evergreen Valley Resort, Inc.

United States Bankruptcy Court, D. Maine

Decided October 7, 1982No. 19-20040PublishedCited by 11 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

JAMES A. GOODMAN, Bankruptcy Judge.

The debtor, Evergreen Valley Resort, Inc. (Evergreen) has filed an application for authority to use cash collateral consisting of approximately $21,500 in excess reserves held by Casco Bank & Trust Co. 1 and proceeds from the sale of timber. A hearing was held on the issue of use of the excess reserves only. 2 All parties consent to the use of the excess reserves except Maine Guarantee Authority (MGA). MGA opposes the application on the grounds that the excess reserves are not property of the estate, and, therefore, cannot be used by…

2Cases cited6 opinions

  1. Bunting v. HogsettSupreme Court of Pennsylvania · 1891
  2. Georgia-Pacific Corp. v. Lumber Products Co.Supreme Court of Oklahoma · 1979
  3. In the Matter of Joseph Kanner Hat Co., Inc., Bankrupt. Stuart I. Levin, Trustee-Appellant v. City Trust CompanyCourt of Appeals for the Second Circuit · 1973
  4. Lyon v. Ty-Wood CorporationSuperior Court of Pennsylvania · 1968
  5. Gold Coast Leasing Co. v. California Carrots, Inc.California Court of Appeal · 1979

1 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Endico Potatoes, Inc. v. CIT Group/Factoring, Inc.Court of Appeals for the Second Circuit · 1995
  2. Endico Potatoes, Inc. v. Cit Group/Factoring, Inc.Court of Appeals for the Second Circuit · 1995
  3. Paloian v. LaSalle Bank National Ass'n (In re Doctors Hospital of Hyde Park, Inc.)United States Bankruptcy Court, N.D. Illinois · 2013
  4. NetBank, FSB v. Kipperman (In Re Commercial Money Center, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2006
  5. In Re Carolina Utilities Supply Company, Inc.United States Bankruptcy Court, D. South Carolina · 1990

6 more not listed; retrieve them via the Exa API.

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