Legal Opinion

In Re Inman

United States Bankruptcy Court, W.D. Kentucky

Decided May 16, 1988No. 19-40176PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM-OPINION

J. WENDELL ROBERTS, Bankruptcy Judge.

This matter is before the Court upon the debtor’s objection to the Amended Proof of Claim of Sovran Bank/Kentucky, Inc. (“Sovran”). The debtor objects to Sovran’s assertion of a security interest in checking account deposits totalling $18,190.04. Sov-ran claims it’s entitled to these deposits since they constitute “proceeds” from the sale of inventory in which Sovran allegedly has a continuing security interest.

Sovran also claims a “superpriority” lien for $8,012.35, the amount by which the bank account balances diminished from the time…

2Cases cited2 opinions

  1. Smith v. Dairymen, Inc.Court of Appeals for the Fourth Circuit · 1986
  2. Kentucky Club, Inc. v. Fifth Third BankKentucky Supreme Court · 1979

3Cited by4 opinions

  1. In Re Cafeteria Operators, L.P.United States Bankruptcy Court, N.D. Texas · 2003
  2. Business Bank v. White (In Re Timothy Dean Restaurant & Bar)District Court, District of Columbia · 2006
  3. Bank of North Georgia v. Strick Chex Columbus Two, LLC (In re Strick Chex Columbus Two, LLC)United States Bankruptcy Court, N.D. Georgia · 2015
  4. U.S. Bank Trust National Ass'n Ex Rel. Metropolitan Bank & Trust v. Venice MD LLCCourt of Appeals for the Fourth Circuit · 2004

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