Legal Opinion

Hinson v. Centura Bank (In Re Seventeen South Garment Co.)

District Court, E.D. North Carolina

Decided September 22, 1992No. Bankruptcy No. 90-01946-TMM, Adv. No. M-91-00320-AP, No. 92-51-CIV-5-HPublishedCited by 3 opinions

1Opinion of the Court

ORDER

MALCOLM J. HOWARD, District Judge.

The matter before the court the appeal of Centura Bank (“Centura” or “bank”) from the judgment and order of the United States Bankruptcy Court granting the trustee’s motion for summary judgment and denying Centura’s motion for summary judgment. Jurisdiction over this proceeding is appropriate under 28 U.S.C. § 158. The parties have briefed their respective positions and the matter is now ripe for disposition.

FACTS

This dispute concerns the extent and validity of a prepetition security interest. On March 21, 1989, Seventeen South Garment Co., Inc.…

2Cases cited4 opinions

  1. In the Matter of Glasco, Inc., D/B/A Elite Boat Company, Bankrupt. Earl T. Brushwood, Trustee v. Citizens Bank of Perry, a Banking CorporationCourt of Appeals for the Fifth Circuit · 1981
  2. John K. Pearson, Trustee v. Salina Coffee House, Inc.Court of Appeals for the Tenth Circuit · 1987
  3. In Re Southern Supply Co. of Greenville, North Carolina, Inc.District Court, E.D. North Carolina · 1975
  4. Stafford v. Admiral Credit Corp.District Court, M.D. North Carolina · 1968

3Cited by3 opinions

  1. Advanced Analytics Laboratories, Inc. v. Environmental Aspecs, Inc. (In Re Environmental Aspecs, Inc.)District Court, E.D. North Carolina · 1999
  2. Beaman v. Head (In Re Head Grading Co.)United States Bankruptcy Court, E.D. North Carolina · 2006
  3. PTM Technologies, Inc. v. Maxus Capital Group, LLC (In Re PTM Technologies, Inc.)United States Bankruptcy Court, M.D. North Carolina · 2011

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