Legal Opinion
City Bank & Trust Co. v. Otto Fabric, Inc. (In Re Otto Fabric, Inc.)
United States Bankruptcy Court, D. Kansas
Decided December 13, 1985No. 19-10287PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM
JAMES A. PUSATERI, Bankruptcy Judge.
This case is before the Court on the complaint of the City Bank and Trust Com pany, a creditor, seeking stay relief, abandonment and/or foreclosure of a security interest. The chapter 11 debtor, Otto Fabric, Inc., opposes the sought after relief and seeks to avoid any lien City Bank & Trust Co. (CBT) may have as a preference as provided by 11 U.S.C. § 547.
The parties have agreed to grant partial relief and release to CBT certain motor vehicles, supplies, equipment, furniture and fixtures. The items remaining in dispute are rights to existing…
2Cases cited11 opinions
- Waterman v. MacKenzieSupreme Court of the United States · 1891
- United States v. Dubilier Condenser CorpSupreme Court of the United States · 1933
- Blum v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1950
- Wesley T. Bailey v. Chattem, Inc.Court of Appeals for the Sixth Circuit · 1982
- In Re Transportation Design & Technology, Inc.United States Bankruptcy Court, S.D. California · 1985
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3Cited by1 opinion
- City Bank and Trust Co. v. Otto Fabric, Inc.District Court, D. Kansas · 1988