Legal Opinion

Gallatin National Bank v. Lockovich (In Re Lockovich)

District Court, W.D. Pennsylvania

Decided February 19, 1991No. Civ. A. No. 89-2310, Bankruptcy No. 88-1192 PGH, Motion No. 88-4116PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION

LEE, District Judge.

Gallatin National Bank (Gallatin) appeals the order of the United States Bankruptcy Court for the Western District of Pennsylvania denying Gallatin’s Motion for Relief from Automatic Stay, and invalidating Gal- latin’s lien on property in the estate. 105 B.R. 297.

The facts at issue are not in dispute. On or about August 20, 1986, John J. Locko-vich and Clara Lockovich, his wife (Debtors), purchased a 22 foot 1986 Chapparel Villian III boat from the Greene County Yacht Club for $32,500.00. Debtors paid $6,000.00 to Greene County Yacht Club and executed a…

2Cases cited4 opinions

Carpenters Health And Welfare Fund Of Philadelphia v. Kenneth R. AmbroseCourt of Appeals for the Third Circuit · 1983
Commercial Credit Equipment Corp. v. CarterWashington Supreme Court · 1973
Mayor's Jewelers of Ft. Lauderdale, Inc. v. LevinsonAppellate Court of Illinois · 1976
Gallatin National Bank v. Lockovich (In re Lockovich)District Court, W.D. Pennsylvania · 1989

3Cited by2 opinions

Sears, Roebuck & Co. v. Integra National Bank/Pittsburgh (In re Fiscante)District Court, W.D. Pennsylvania · 1992
In Re John J. And Clara LockovichCourt of Appeals for the Third Circuit · 1991