Legal Opinion
Peoples State Bank v. Port Royal Aggregates, Inc. (In Re A-1 Paving & Contracting, Inc.)
District Court, S.D. Indiana
Decided March 21, 1996No. IP 95-410-C-B/S, 94-6892-FJ07PublishedCited by 1 opinion
1Opinion of the Court
ENTRY
BARKER, Chief Judge.
Appellant Peoples State Bank (“Peoples State”) appeals the Bankruptcy Court’s decision granting Appellee Port Royal’s Application for Order Terminating Automatic Stay, for Abandonment and for Adequate Protection (“Application”). For the reasons stated below, we affirm the Bankruptcy Court’s decision.
I. BACKGROUND
On or about August 28, 1992, Port Royal and A-l Paving & Contracting (“A-l”) entered into a Conditional Sales Contract (“the Contract”) for the purchase by A-l of certain assets from Port Royal. The Contract, at paragraph 23, reserved to Port Royal all rights…
2Cases cited6 opinions
- In the Matter of Robert John Love, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1992
- Meyer v. RigdonCourt of Appeals for the Seventh Circuit · 1994
- Equal Employment Opportunity Commission, Cross-Appellee v. Sears, Roebuck & Company, Cross-AppellantCourt of Appeals for the Seventh Circuit · 1988
- In the Matter of Wiredyne, Inc., Debtor. Appeal of Tamalou Williams, TrusteeCourt of Appeals for the Seventh Circuit · 1993
- In the Matter of Dorothy Generes, Debtor, and Tasker Generes, Debtor-Appellant. In the Matter of Dorothy Generes and Tasker Generes, Debtors-Appellees. Appeal of Edward L. Morrell and Patricia MorrellCourt of Appeals for the Seventh Circuit · 1995
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3Cited by1 opinion
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