Legal Opinion

Ultimore, Inc. v. Bucala (In re Bucala)

United States Bankruptcy Court, S.D. New York

Decided January 30, 2012No. Bankruptcy No. 11-36977 (CGM); Adversary No. 11-9078 (CGM)PublishedCited by 5 opinions

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

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Richard S. RASKIN, Plaintiff-Appellant, v. the WYATT COMPANY, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1997
  3. Hirsch v. Arthur Andersen & Co.Court of Appeals for the Second Circuit · 1995
  4. In Re: Jerasimos Papapanayotou, Esq., Jerasimos Papapanayotou, Esq. v. Jeffrey Sapir, Esq., as Chapter 7 TrusteeCourt of Appeals for the Second Circuit · 2000
  5. 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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3Cited by5 opinions

  1. Nicholas v. Green Tree Servicing, LLCDistrict Court, D. Maryland · 2016
  2. Renco Grp., Inc. v. Wilmington Trust, Nat'l Ass'n (In re Magnesium Corp. of Am.)United States Bankruptcy Court, S.D. New York · 2018
  3. In re HawkUnited States Bankruptcy Court, S.D. Texas · 2015
  4. O'Connor v. RossDistrict Court, N.D. Indiana · 2019
  5. Patterson v. Lady Benjamin PD Cannon, f/k/a Ben CannonSupreme Court of Delaware · 2026

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