Legal Opinion

Dowden v. Cross County Bank (In re Brittenum & Associates, Inc.)

United States Bankruptcy Court, E.D. Arkansas

Decided August 28, 1987No. Bankruptcy No. AP 86-50M; Adv. No. 86-155MPublished

1Opinion of the Court

MEMORANDUM OPINION

JAMES G. MIXON, Bankruptcy Judge.

On January 30, 1986, the United States District Court for the Eastern District of Arkansas determined that the customers of Brittenum & Associates, Inc. (debtor) were in need of protection under the Securities Investor Protection Act of 1970 (SIPA). The Honorable James F. Dowden was appointed trustee by the district court, and the case was removed to the bankruptcy court for administration and liquidation pursuant to 15 U.S.C. § 78eee(b)(4).

At the beginning of the liquidation proceeding, the debtor owed the Cross County Bank (Bank)…

2Cases cited6 opinions

  1. In the Matter of Texas Mortgage Services Corporation, Debtor. Texas Mortgage Services Corporation v. Guadalupe Savings & Loan AssociationCourt of Appeals for the Fifth Circuit · 1985
  2. United States v. Butterworth Judson Corp.Supreme Court of the United States · 1925
  3. Goodson Steel Corporation v. SheinfeldCourt of Appeals for the Fifth Circuit · 1974
  4. Bridgeport Co. v. United States Postal ServiceUnited States Bankruptcy Court, E.D. Arkansas · 1984
  5. Multiponics, Incorporated v. HerpelCourt of Appeals for the First Circuit · 1980

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