Legal Opinion

In re Seco, Inc.

District Court, C.D. Illinois

Decided August 27, 1986No. Bankruptcy No. 285-01022PublishedCited by 1 opinion

1Opinion of the Court

OPINION

LARRY LESSEN, Chief Judge.

This matter is before the Court on Heller Financial, Inc.’s (hereinafter referred to as Heller) Motion for Additional Relief from the Automatic Stay to Compromise and Settle Accounts and for Allowance of Secured Claim. In this Motion, Heller asks the Court to determine whether it has a perfected, first and senior security interest in all accounts receivable of the Debtor, Seco, Inc. Heller also asks the Court to lift the automatic stay so it can take the steps necessary to collect the accounts. Shortly before the bankruptcy case was commenced, Heller had begun…

2Cases cited4 opinions

  1. In Re Little Brick Shirthouse, Inc.District Court, N.D. Illinois · 1972
  2. In Re West Coast Food Sales, Inc., Bankrupt. Edward E. Towers v. B. J. Holmes Sales Co., Inc.Court of Appeals for the Ninth Circuit · 1981
  3. In the Matter of Merlyn W. Rieber and Sharon K. Rieber, Engaged in Farming, Debtors. Griswold State Bank v. Merlyn W. Rieber and Sharon K. RieberCourt of Appeals for the Eighth Circuit · 1984
  4. In Re A-1 Imperial Moving & Storage Company, Inc.District Court, S.D. Florida · 1972

3Cited by1 opinion

  1. Paramount International, Inc. v. First Midwest Bank, N.A. (In Re Paramount International, Inc.)United States Bankruptcy Court, N.D. Illinois · 1993

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