Legal Opinion
Barber v. Bettendorf Bank, N.A. (In Re Pearson Industries, Inc.)
United States Bankruptcy Court, C.D. Illinois
Decided March 15, 1993No. 19-80052PublishedCited by 8 opinions
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
PEARSON INDUSTRIES, INC. (PEARSON) and INDUSTRIAL & MUNICIPAL ENGINEERING, INC. (IME) were, through common ownership, related corporations engaged in separate manufacturing businesses. On August 20, 1981, PEARSON, as borrower, IME, as one of several guarantors, the Bettendorf Bank & Trust Company (BANK), as lender, and the Farmers Home Administration (FMHA), as the lender’s 90% guarantor, entered into a loan and security agreement for $4,500,-000. 1
On August 16, 1984, PEARSON, IME, and other related corporations filed separate Chapter 11 cases…
2Cases cited30 opinions
- Pettibone Corporation v. Carl EasleyCourt of Appeals for the Seventh Circuit · 1991
- In Re Craig Oil Company, Debtor. Marathon Oil Company v. William M. Flatau, TrusteeCourt of Appeals for the Eleventh Circuit · 1986
- In Re Magic Circle Energy Corp.United States Bankruptcy Court, W.D. Oklahoma · 1986
- Pietka v. Chelco Corp.Appellate Court of Illinois · 1982
- Bell Flavors & Fragrances, Inc. v. Andrew (In Re Loretto Winery, Ltd.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1989
25 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- In Re Federal-Mogul Global Inc.Court of Appeals for the Third Circuit · 2012
- Schwinn Plan Committee v. AFS Cycle & Co. (In Re Schwinn Bicycle Co.)United States Bankruptcy Court, N.D. Illinois · 1997
- Marquette Bank Illinois v. Covey (In Re Classic Coach Interiors, Inc.)United States Bankruptcy Court, C.D. Illinois · 2002
- Graves v. Rebel Rents, Inc. (In Re Rebel Rents, Inc.)United States Bankruptcy Court, C.D. California · 2005
- LaSALLE NAT. BANK ASS'N v. PaloianDistrict Court, N.D. Illinois · 2009
3 more not listed; retrieve them via the Exa API.