Legal Opinion

Worthen Bank & Trust Co. v. Hilyard Drilling Co. (Hilyard Drilling Co.)

United States Bankruptcy Court, W.D. Arkansas

Decided January 10, 1986No. Bankruptcy No. ED 85-10M, Adv. No. 85-346MPublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM OPINION

JAMES G. MIXON, Bankruptcy Judge.

Hilyard Drilling Company, Inc., (Hilyard) filed a voluntary petition for relief under the provisions of Chapter 11 on the 24th day of January 1985. On April 25, 1979, Hilyard Drilling Co. executed and delivered to National Bank of Commerce of El Dora-do (NBC) a security agreement which granted to NBC a security interest in all accounts receivable of Hilyard then existing or thereafter acquired. The debtor was described in these documents as Hilyard Drilling Co. Properly executed financing statements were recorded with the Secretary of State…

2Cases cited10 opinions

  1. In the Matter of Chaseley's Foods, Inc., D/B/A Vic's Super Foods, Debtor. Appeal of Daniel L. Freeland, TrusteeCourt of Appeals for the Seventh Circuit · 1984
  2. AM International, Inc. v. Tennessee Valley Authority (In Re AM International, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1985
  3. Eastern Indiana Production Credit Ass'n v. Farmers State BankOhio Court of Appeals · 1972
  4. Kaye v. Williams (In Re Munzenreider Corp.)United States Bankruptcy Court, M.D. Florida · 1983
  5. Williams v. First National Bank & Trust Co. of VinitaSupreme Court of Oklahoma · 1971

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3Cited by3 opinions

  1. In Re Hilyard Drilling Co., Inc., Debtor. Worthen Bank & Trust Company, N.A. v. Hilyard Drilling Co., Inc., National Bank of Commerce of El DoradoCourt of Appeals for the Eighth Circuit · 1988
  2. Mihalko v. Continental Bank & Trust Co. (In Re Mihalko)United States Bankruptcy Court, E.D. Pennsylvania · 1988
  3. Armstrong v. United States Ex Rel. Farmers Home Administration (In Re Adam)United States Bankruptcy Court, D. North Dakota · 1989

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