In Re Inman
United States Bankruptcy Court, W.D. Kentucky
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
- Smith v. Dairymen, Inc.Court of Appeals for the Fourth Circuit · 1986
- Kentucky Club, Inc. v. Fifth Third BankKentucky Supreme Court · 1979
3Cited by4 opinions
- In Re Cafeteria Operators, L.P.United States Bankruptcy Court, N.D. Texas · 2003
- Business Bank v. White (In Re Timothy Dean Restaurant & Bar)District Court, District of Columbia · 2006
- 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
- U.S. Bank Trust National Ass'n Ex Rel. Metropolitan Bank & Trust v. Venice MD LLCCourt of Appeals for the Fourth Circuit · 2004