Legal Opinion
Delbridge v. Production Credit Ass'n & Federal Land Bank
District Court, E.D. Michigan
Decided May 26, 1989No. 4:86-cv-40441PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
NEWBLATT, District Judge.
This is an appeal from an order of the Bankruptcy Court, dated July 8, 1986, which permitted the use of cash collateral pursuant to 11 U.S.C. §§ 363(c) and 552(b). In the alternative, appellant (hereafter PCA) challenges the formula devised by the Bankruptcy Court as a measure of the amount of proceeds which could be retained by the debtor as cash collateral and the amount found to constitute adequate protection for PCA.
The debtors in the matter are dairy farmers who obtained a loan from PCA. A security agreement was entered into by the…
2Cases cited4 opinions
- In Re J. Catton Farms, Inc., Debtor-Appellant v. The First National Bank of ChicagoCourt of Appeals for the First Circuit · 1985
- Aegean Fare, Inc. v. Massachusetts, Department of Revenue (In Re Aegean Fare, Inc.)United States Bankruptcy Court, D. Massachusetts · 1983
- In Re DelbridgeUnited States Bankruptcy Court, E.D. Michigan · 1986
- Matter of JohnsonUnited States Bankruptcy Court, W.D. Wisconsin · 1985
3Cited by8 opinions
- Marine Midland Bank v. Breeden (In Re Bennett Funding Group, Inc.)District Court, N.D. New York · 2000
- In Re Wynnewood House AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
- Great-West Life & Annuity Assurance Co. v. Parke Imperial Canton, Ltd.District Court, N.D. Ohio · 1994
- In Re Energy Partners, Ltd.United States Bankruptcy Court, S.D. Texas · 2009
- In Re 680 Fifth Avenue AssociatesUnited States Bankruptcy Court, S.D. New York · 1993
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