Legal Opinion

First National Bank of Westminster v. Rarick (In Re Rarick)

District Court, D. Colorado

Decided September 20, 1991No. Civ. A. No. 91-B-1109, Bankruptcy No. 89 B 12624 D, Adv. No. 91 1267 RJBPublishedCited by 11 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

BABCOCK, District Judge.

Debtors-defendants (collectively the Rar-icks) object to the report and recommendation of the bankruptcy court denying their motion for abstention in this adversary proceeding. The matter has been adequately briefed and oral argument will not materially aid its resolution. I grant the Raricks’ motion and abstain in favor of the pending state court action.

In November, 1985, the Raricks entered into an agreement with the First National Bank of Westminster (“Bank”) for a $500,-000 line of credit. The line of credit was secured primarily by…

2Cases cited15 opinions

  1. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  2. In Re Castlerock Properties, Debtor. Piombo Corporation, a California Corporation v. Castlerock Properties, a California Limited PartnershipCourt of Appeals for the Ninth Circuit · 1986
  3. In Re Billie Lamont Gardner, Debtor. Terryl A. Gardner v. United States of America, and William H. Zimmerman, Jr., TrusteeCourt of Appeals for the Tenth Circuit · 1990
  4. 18 Collier bankr.cas.2d 717, Bankr. L. Rep. P 72,183 in Re Titan Energy, Inc. National Union Fire Insurance Company of Pittsburgh, Pa. v. Titan Energy, Inc.Court of Appeals for the Eighth Circuit · 1988
  5. Braucher v. Continental Illinois National Bank & Trust Co. (In Re Illinois-California Express, Inc.)United States Bankruptcy Court, D. Colorado · 1985

10 more not listed; retrieve them via the Exa API.

3Cited by11 opinions

  1. Koken v. Reliance Group Holdings, Inc. (In Re Reliance Group Holdings, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2002
  2. First Omni Bank, N.A. v. Thrall (In Re Thrall)United States Bankruptcy Court, D. Colorado · 1996
  3. Veldekens v. GE HFS Holdings, Inc. (In Re Doctors Hospital 1997, L.P.)United States Bankruptcy Court, S.D. Texas · 2006
  4. Trefny v. Bear Stearns Securities Corp.District Court, S.D. Texas · 1999
  5. Grace Community, Inc. v. KPMG Peat Marwick, LLP (In Re Grace Community, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2001

6 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API