Legal Opinion

Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Van Kylen (In Re Van Kylen)

United States Bankruptcy Court, W.D. Wisconsin

Decided April 4, 1989No. 1-18-14277PublishedCited by 21 opinions

1Opinion of the Court

MEMORANDUM DECISION

ROBERT D. MARTIN, Chief Judge.

This is an interpleader action to determine the rights of the Citizens State Bank (the “Bank”), the bankruptcy trustee, and the debtor’s spouse in $50,000.00 currently held by Merrill Lynch, Pierce, Fenner & Smith, Inc. (“Merrill Lynch, Inc.”). The Bank claims ownership of the entire $50,-000.00 by virtue of the prepetition enforcement of a security interest. The trustee asserts that the Bank’s security interest was not perfected, and seeks to bring the entire $50,000.00 into the bankruptcy estate by avoiding the enforcement of the security…

2Cases cited46 opinions

  1. In Re Bullion Reserve of North America, a California Corporation, Curtis B. Danning, Chapter 7 Trustee v. Theodore P. BozekCourt of Appeals for the Ninth Circuit · 1988
  2. 20 Collier bankr.cas.2d 19, Bankr. L. Rep. P 72,385, 7 Ucc rep.serv.2d 656 in Re Bellanca Aircraft Corporation, Debtor (Three Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas Corporation, (Two Cases). Edward W. Bergquist, Trustee of the Bankruptcy Estate of Bellanca Aircraft Corporation v. Anderson-Greenwood Aviation Corp., a Texas Corporation Anderson Greenwood & Co., a Texas CorporationCourt of Appeals for the Eighth Circuit · 1988
  3. Alan B. Miller, Trustee in Bankruptcy of American Ibc Corp., Bankrupt v. Wells Fargo Bank International Corp.Court of Appeals for the Second Circuit · 1976
  4. In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. WellsCourt of Appeals for the Seventh Circuit · 1988
  5. 13 Collier bankr.cas.2d 1400, Bankr. L. Rep. P 70,902 in Re Lewis W. Shurtleff, Inc. And Frontier Properties, Inc., Debtors. Thomas D. Elliott, Trustee v. Frontier Properties/lp 102/meadow Glen Arms/79Court of Appeals for the Ninth Circuit · 1986

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3Cited by21 opinions

  1. Southmark Corp. v. Riddle (In Re Southmark Corp.)United States Bankruptcy Court, N.D. Texas · 1992
  2. A-I Credit Corp. v. Big Squaw Mountain Corp. (In Re Big Squaw Mountain Corp.)United States Bankruptcy Court, D. Maine · 1990
  3. Clark v. Valley Federal Savings & Loan Ass'n (In re Reliance Equities, Inc.)Court of Appeals for the Tenth Circuit · 1992
  4. In Re ChadwickUnited States Bankruptcy Court, W.D. Missouri · 1990
  5. Appeal of Mann v. Bankruptcy Estate of Badger Lines, Inc.Wisconsin Supreme Court · 1999

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