Legal Opinion

First National Bank of South Georgia v. Ayers Aviation Holdings, Inc. (In re Ayers Aviation Holdings, Inc.)

United States Bankruptcy Court, M.D. Georgia

Decided August 21, 2002No. Bankruptcy No. 00-11881; Adversary No. 01-1003Published

1Opinion of the Court

MEMORANDUM OPINION

JOHN T. LANEY, III, Bankruptcy Judge.

On August 7, 2002, the court conducted a trial on the complaint of First National Bank of South Georgia (“Plaintiff’) to determine the validity, priority and extent of liens or other interest in certain property. At the conclusion of the trial, the court took the matter under advisement. After considering the evidence, the parties’ briefs, stipulations and oral arguments as well the applicable statutory and case law, the court makes the following findings of fact and conclusions of law.

Procedural History

On November 27, 2000, Ayers…

2Cases cited5 opinions

  1. Philko Aviation, Inc. v. ShacketSupreme Court of the United States · 1983
  2. Riffe Ex Rel. Riffe v. MagushiDistrict Court, S.D. West Virginia · 1994
  3. Argyll Shipping Co. v. Hanover Insurance CompanyDistrict Court, S.D. New York · 1968
  4. McDaniel v. American Druggists Insurance Co. (In re National Buy-Rite, Inc.)District Court, D. Georgia · 1981
  5. Stephens v. ThompsonCourt of Appeals of Georgia · 1986

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