Legal Opinion
Van Diest Supply Co. v. Shelby County State Bank
Court of Appeals for the Seventh Circuit
Decided October 3, 2005No. 03-4144PublishedCited by 47 opinions
1Opinion of the Court
WILLIAMS, Circuit Judge.
Van Diest Supply Co. and Shelby County State Bank (“Shelby”) both assert a security interest in proceeds of accounts resulting from inventory Van Diest sold to Hennings Feed and Crop Care (“Hen-nings”). This case arose after Hennings filed for bankruptcy and was unable to pay for certain inventory it had purchased from Van Diest. Pursuant to a loan agreement with Hennings, Shelby had received the proceeds of many Hennings accounts receivable. Van Diest claimed a first, perfected purchase money security interest in proceeds of inventory it sold to Hennings and sued…
2Cases cited14 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Diana Packman v. Chicago Tribune Company, an Illinois Corporation, and Front Page News, Incorporated, a California CorporationCourt of Appeals for the Seventh Circuit · 2001
- Martin I. Robin v. Espo Engineering CorporationCourt of Appeals for the Seventh Circuit · 2000
- Cirrincione v. JohnsonIllinois Supreme Court · 1998
9 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Official Committee of Unsecured Creditors of SGK Ventures, LLC v. NewKey Group, LLC (In re SGK Ventures, LLC)United States Bankruptcy Court, N.D. Illinois · 2014
- Schechter v. 5841 Building Corp. (In Re Hansen)United States Bankruptcy Court, N.D. Illinois · 2006
- In Re LichtenbergerUnited States Bankruptcy Court, C.D. Illinois · 2006
- American Center for Excellence in Surgical Assisting Inc. v. Community College District 502District Court, N.D. Illinois · 2016
- Izsak v. Draftkings, Inc.District Court, N.D. Illinois · 2016
42 more not listed; retrieve them via the Exa API.