Legal Opinion

In re Russell

United States Bankruptcy Court, E.D. Arkansas

Decided March 7, 1994No. Bankruptcy No. 91-50587SPublished

1Opinion of the Court

ORDER

MARY D. SCOTT, Bankruptcy Judge.

THIS CAUSE is before the Court upon the objection by Planters and Merchants Bank of Gillett (the “bank”), filed on December 10, 1993, to the Trustee’s Amended Notice of Intent to Distribute Funds. The trustee and the bank submitted a stipulation of facts on February 3, 1994; the bank submitted a brief.

Although the bank filed three claims in this bankruptcy ease, only two of the claims are at issue in this contested matter. On September 25, 1989, the debtor signed a “Combination Plain Language Note, Disclosure & Security Agreement,” the debtor obtaining a…

2Cases cited4 opinions

  1. Hendrickson v. Farmers' Bank & Trust Co.Supreme Court of Arkansas · 1934
  2. Security Bank v. First National BankSupreme Court of Arkansas · 1978
  3. Bank of Searcy v. KrohSupreme Court of Arkansas · 1938
  4. In Re FergusonUnited States Bankruptcy Court, W.D. Arkansas · 1988

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