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Legal Opinion

In Re Watkins

United States Bankruptcy Court, C.D. Illinois

Decided April 16, 1999No. 14-91438PublishedCited by 14 opinions

1Opinion of the Court

OPINION

LARRY LESSEN, Bankruptcy Judge.

Conrad Noll, a prominent Springfield attorney and banker, used to offer this bit of advice to lenders and other people who don’t like losing money:

A. Paternity is a matter of conjecture and opinion.

B. Maternity is a matter of certainty.

C. Value of collateral is a matter of conjecture and opinion.

D. Amount of debt is a matter of certainty.

This is a dispute about the value of collateral.

The Debtors, Ray and Mary Watkins, filed a petition pursuant to Chapter 12 of the Bankruptcy Code on March 18, 1996. One of the assets of the bankruptcy estate was a family…

2Cases cited30 opinions

  1. Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
  2. Charles E. Egger v. Harlan C. PhillipsCourt of Appeals for the Seventh Circuit · 1983
  3. In Re Fred J. Szostek, Denise M. SzostekCourt of Appeals for the Third Circuit · 1989
  4. In the Matter Of: Unr Industries, Inc., Debtors. Appeals of Unarco Bloomington Factory WorkersCourt of Appeals for the Seventh Circuit · 1994
  5. In the Matter of Ronald J. Witkowski, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994

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

3Cited by14 opinions

  1. In Re CoffmanUnited States Bankruptcy Court, N.D. Texas · 2002
  2. Christie v. First State Bank (In Re Keener)United States Bankruptcy Court, N.D. Texas · 2003
  3. In Re WilloughbyUnited States Bankruptcy Court, S.D. Indiana · 2005
  4. United States v. Donato (In Re Donato)District Court, M.D. Pennsylvania · 2000
  5. In Re BellUnited States Bankruptcy Court, N.D. Indiana · 2003

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

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