Legal Opinion

United National Bank v. Corsica Enterprises, Inc. (In Re Corsica Enterprises, Inc.)

United States Bankruptcy Court, D. South Dakota

Decided June 8, 1984No. 19-40043PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM DECISION

PEDER K. ECKER, Bankruptcy Judge.

The facts of the instant matter are not in dispute. Corsica Enterprises, Inc. (debtor), executed a promissory note and security agreement in favor of the United National Bank (bank), Canistota Branch, in the amount of $237,000.00 on March 1, 1979. The bank filed a financing statement with the South Dakota Secretary of State covering “[a]ll contract rights, accounts receivable, inventories, machinery, equipment, furniture, fixtures, leaseholds, and all other property both tangible and intangible” on March 9, 1979. The debtor filed its chapter…

2Cases cited5 opinions

  1. Sequoia MacHinery Inc., a Corporation, and Kaweah Company, a Corporation v. J. Roderick Jarrett, Trustee of the Estate of James C. Clark, BankruptCourt of Appeals for the Ninth Circuit · 1969
  2. Milwaukee MacK Sales, Inc. v. First Wisconsin National Bank of MilwaukeeWisconsin Supreme Court · 1980
  3. Cookeville Production Credit Ass'n v. Frazier (In Re Frazier)United States Bankruptcy Court, M.D. Tennessee · 1981
  4. Davis v. Kisko (In Re McKeon)United States Bankruptcy Court, N.D. Florida · 1980
  5. Stowman v. Fargo National Bank & Trust Co. (In Re Buckley)District Court, D. Minnesota · 1980

3Cited by8 opinions

  1. In Re FarnhamUnited States Bankruptcy Court, D. Vermont · 1986
  2. Frank v. Second National Bank of Saginaw (In Re Gilbert)United States Bankruptcy Court, E.D. Michigan · 1988
  3. Ledford v. Easy Living Furniture (In Re Jackson)United States Bankruptcy Court, S.D. Ohio · 1985
  4. Limerick v. Limerick (In Re Answerfone, Inc.)United States Bankruptcy Court, E.D. Arkansas · 1985
  5. Pokela v. Red Owl Stores, Inc. (In Re Dakota Country Store Foods, Inc.)United States Bankruptcy Court, D. South Dakota · 1989

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