Ultimore, Inc. v. Bucala (In re Bucala)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION GRANTING PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT
CECELIA G. MORRIS, Bankruptcy Judge.
The plaintiff brings this summary judgment motion seeking a declaratory judgment that it is a secured creditor by virtue of a security agreement having been formed pursuant to New York law. Because the Court finds that the Contract and Purchase Agreement meet all the required elements of a security agreement under the New York Uniform Commercial Code, the Court holds that plaintiff is a secured creditor.
Background
On August 3, 2005, the Defendants purchased a 2005 Skyline Doublewide Ranch…
2Cases cited20 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Richard S. RASKIN, Plaintiff-Appellant, v. the WYATT COMPANY, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1997
- Hirsch v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1995
- In Re: Jerasimos Papapanayotou, Esq., Jerasimos Papapanayotou, Esq. v. Jeffrey Sapir, Esq., as Chapter 7 TrusteeCourt of Appeals for the Second Circuit · 2000
- In the Matter of Bollinger Corporation, Bankrupt. Appeal of Carl L. Bigler, Trustee for Bollinger CorporationCourt of Appeals for the Third Circuit · 1980
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