Legal Opinion

In Re Branch

United States Bankruptcy Court, D. Colorado

Decided June 12, 2006No. 16-22002Published

1Opinion of the Court

ORDER

ELIZABETH E. BROWN, Bankruptcy Judge.

THIS MATTER comes before the Court on the letter filed by the Debtors, which the Court deems to be a Motion to Reconsider the Order granting relief from the automatic stay to Dresser IVI Employees Federal Credit Union (“Dresser”). Following a non-evidentiary hearing on the matter, the parties agreed to and have submitted briefs on the validity and effect of a future advance or cross collateralization clause that granted Dresser a security interest in the Debtors’ car to secure future loans. Having considered this matter, the Court hereby FINDS and…

2Cases cited9 opinions

  1. Taita Chemical Co. v. Westlake Styrene Corp.Court of Appeals for the Fifth Circuit · 2001
  2. Pride Hyundai, Inc. v. Chrysler Financial Co.Court of Appeals for the First Circuit · 2004
  3. Charter Finance Co. v. HendersonIllinois Supreme Court · 1975
  4. Allegheny-Ludlum Brackenridge Federal Credit Union, Movant v. Fassinger (In Re Fassinger)United States Bankruptcy Court, W.D. Pennsylvania · 2000
  5. First National Bank of Harrison v. Rose (In Re Rose)United States Bankruptcy Court, W.D. Arkansas · 1981

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