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Legal Opinion

Kellogg-Citizens National Bank of Green Bay v. DeBruin (In Re DeBruin)

United States Bankruptcy Court, E.D. Wisconsin

Decided May 1, 1992No. 19-21128PublishedCited by 8 opinions

1Opinion of the Court

DECISION

JAMES E. SHAPIRO, Bankruptcy Judge.

Like many other dairy farmers, Galen and Mary DeBruin of Luxemburg, Wisconsin, have become victims of a declining farm economy. Their adverse circumstances were further heightened by a severe drought in 1987 and 1988 and bovine tuberculosis in their cattle. These misfortunes caused the DeBruins to default on their loans to Kellogg-Citizens National Bank of Green Bay f/k/a Associated De Pere Bank (“Bank”). The Bank’s collateral consisted of the debtors’ real estate, cattle and machinery. As a result of the default, in March of 1988, the Bank…

2Cases cited15 opinions

  1. Grogan v. GarnerSupreme Court of the United States · 1991
  2. Bankr. L. Rep. P 71,787 in Re John E. Tully, Debtor. Henry J. Boroff, Trustee in Bankruptcy of John E. Tully v. John E. TullyCourt of Appeals for the First Circuit · 1987
  3. In the Matter of Avner Kauffman, Bankrupt. Morris T. Friedell v. Avner KauffmanCourt of Appeals for the Seventh Circuit · 1981
  4. Bankr. L. Rep. P 71,833 in the Matter of Steven W. Agnew, Debtor-Appellee. Lee Supply Corporation v. Steven W. AgnewCourt of Appeals for the Seventh Circuit · 1987
  5. March v. Sanders (In Re Sanders)United States Bankruptcy Court, W.D. Louisiana · 1991

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3Cited by8 opinions

  1. Cepelak v. Sears (In Re Sears)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2000
  2. Transamerica Premier Insurance v. Chaplin (In Re Chaplin)United States Bankruptcy Court, E.D. Wisconsin · 1995
  3. Bank of Bennington v. Thomas (In Re Thomas)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2010
  4. Levin v. DiLoreto (In Re DiLoreto)United States Bankruptcy Court, E.D. Pennsylvania · 2000
  5. Cervac v. Littman (In re Littman)United States Bankruptcy Court, N.D. Illinois · 2016

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