Meridian Bank v. Bell Fuel Corp. (In Re Bell Fuel Corp.)
District Court, E.D. Pennsylvania
1Opinion of the Court
OPINION AND ORDER
VanARTSDALEN, Senior District Judge.
Introduction
Meridian Bank (Meridian) appeals from the decision of Bankruptcy Judge Scholl in which the bankruptcy court concluded Meridian did not have a perfected security interest in the proceeds of a chose in action, 97 B.R. 193 (1989).
The debtor, Bell Fuel Corporation (Bell) signed a security agreement with Meridian Bank on February 25, 1985. The security agreement was signed in connection with a Line and Term Loan Agreement to secure payment of sums lent to Bell by Meridian. The security agreement in pertinent part states:
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2Cases cited12 opinions
- Ppg Industries, Inc. v. The Hartford Fire Insurance Company, and United States of AmericaCourt of Appeals for the Second Circuit · 1976
- D'Ambrosio v. Pennsylvania National Mutual Casualty InsuranceSuperior Court of Pennsylvania · 1979
- Joseph Polito and Loretta Polito, H/w v. Continental Casualty CompanyCourt of Appeals for the Third Circuit · 1982
- Nolin Production Credit Ass'n v. Stone (In Re Stone)United States Bankruptcy Court, W.D. Kentucky · 1985
- Robert Leo Brown and Billie Louise Brown, Bankrupts, Warren L. McConnico Trustee v. First National Bank of DeweyCourt of Appeals for the First Circuit · 1980
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3Cited by19 opinions
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- CGU Life Insurance Co. of America v. Metropolitan Mortgage & Securities Co.District Court, E.D. Pennsylvania · 2001
- United States Ex Rel. Rahman v. Oncology Associates, P.C. (In Re Equimed, Inc.)District Court, D. Maryland · 2001
- Premium Financing Specialists, Inc. v. Remcor, Inc. (In Re Remcor, Inc.)United States Bankruptcy Court, W.D. Pennsylvania · 1995
- In Re WiersmaUnited States Bankruptcy Court, D. Idaho · 2002
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