Legal Opinion
Borock v. NBD Dearborn Bank, N.A. (In re D.J. Maltese, Inc.)
District Court, E.D. Michigan
Decided September 20, 1984No. Adv. No. 84-0395-BPublishedCited by 9 opinions
1Opinion of the Court
OPINION
GEORGE BRODY, Bankruptcy Judge.
The question presented is whether a contract for the sale of realty is personal property within the meaning of Article 9 of the Uniform Commercial Code.
The parties have stipulated to the following facts:
1. The D.J. Maltese Company, Inc. (debtor) is engaged in the business of building and remodeling commercial and residential properties. Prior to bankruptcy, the debtor financed these operations through NBD Dearborn Bank, N.A. (NBD). To secure this ongoing financial relationship with the bank, the debtor granted a security interest in all of its present and…
2Cases cited3 opinions
- In the Matter of Equitable Development Corporation, Bankrupt. Leonard W. Frearson v. Morry Wingold and W & G Holdings, Ltd.Court of Appeals for the Fifth Circuit · 1980
- Dynair Electronics, Inc. v. Video Cable, Inc.California Court of Appeal · 1976
- Johnstone v. Mills (In Re Columbia Pacific Mortgage, Inc.)United States Bankruptcy Court, W.D. Washington · 1982
3Cited by9 opinions
- Northern Acres, Inc. v. Hillman State Bank (In Re Northern Acres, Inc.)United States Bankruptcy Court, E.D. Michigan · 1985
- Official Unsecured Creditors' Committee v. Northern Trust Co. (In Re Ellingsen MacLean Oil Co.)United States Bankruptcy Court, W.D. Michigan · 1989
- In Re J.D. ALLEN, Debtor. Kenneth L. SPEARS, Trustee, Plaintiff-Appellant, v. MICHIGAN NATIONAL BANK, Defendant-AppelleeCourt of Appeals for the Tenth Circuit · 1989
- In Re Alcom America Corp.District Court, District of Columbia · 1993
- Unsecured Creditors' Committee v. Shawmut Worcester County Bank (In Re Ivy Properties, Inc.)United States Bankruptcy Court, D. Massachusetts · 1989
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