Legal Opinion
Green River Production Credit Ass'n v. Alvey (In Re Alvey)
United States Bankruptcy Court, W.D. Kentucky
Decided December 31, 1985No. 19-50143PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
MERRITT S. DEITZ, Jr., Bankruptcy Judge.
The duty of trust imposed on Chapter 11 debtors in possession and the cost of a breach of that duty are underscored by the case at hand. The case also presents a microcosm of the farm financial crisis which pervades this district, involving as it does the tracing of asset accountability through three bankruptcy cases.
As part of a “full proceeds loan” agreement in 1980, William and Brenda Alvey gave the Green River Production Credit Association a lien on their 1981 grain crop. The agreement provided that the lien was to follow the…
2Cases cited7 opinions
- United States v. KrasSupreme Court of the United States · 1973
- Continental Illinois National Bank & Trust Co. v. Chicago, Rock Island & Pacific Ry. Co.Supreme Court of the United States · 1935
- Harris Trust & Savings Bank v. Wathen's Elevators, Inc. (In Re Wathen's Elevators, Inc.)United States Bankruptcy Court, W.D. Kentucky · 1983
- Bailey v. James (In Re James)United States Bankruptcy Court, W.D. Kentucky · 1984
- Rock River Production Credit Ass'n v. Langholf (In Re Langholf)United States Bankruptcy Court, N.D. Illinois · 1984
2 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Meyer v. RigdonCourt of Appeals for the Seventh Circuit · 1994
- Quaif v. JohnsonCourt of Appeals for the Eleventh Circuit · 1993
- American Savings & Loan Ass'n v. Weber (In Re Weber)United States Bankruptcy Court, D. Utah · 1989
- Meyer v. RigdonCourt of Appeals for the Seventh Circuit · 1994
- National City Bank v. Imbody (In Re Imbody)United States Bankruptcy Court, N.D. Ohio · 1989
7 more not listed; retrieve them via the Exa API.