Legal Opinion
In re Neutgens
United States Bankruptcy Court, D. Montana
Decided March 10, 1987No. Bankruptcy No. 86-40520PublishedCited by 1 opinion
1Opinion of the Court
ORDER
JOHN L. PETERSON, Bankruptcy Judge.
Hearing was held, after notice, on March 6, 1987, on the motion of Citizens First National Bank (Bank) for relief from the automatic stay or, in the alternative, for an award of adequate protection.
The Bank holds a valid first security interest in collateral of the Debtor consisting of cattle, machinery, equipment, vehicles and land. The Bank produced evidence that the total value of .the collateral was $50,300.00, while the total debt due the Bank as of the date of the bankruptcy petition was $115,594.21. The Bank has thus shown to the satisfaction of…
2Cases cited9 opinions
- United States v. Neal Pharmacal CompanyCourt of Appeals for the Eighth Circuit · 1986
- City National Bank v. San Clemente Estates (In Re San Clemente Estates)United States Bankruptcy Court, S.D. California · 1980
- Terra Mar Development Corp. v. Terra Mar Associates (In Re Terra Mar Associates)United States Bankruptcy Court, D. Connecticut · 1980
- In Re Metrocraft Publishing Services, Inc.United States Bankruptcy Court, N.D. Georgia · 1984
- First Connecticut Small Business Investment Co. v. Clark Technical Associates, Ltd. (In Re Clark Technical Associates, Ltd.)United States Bankruptcy Court, D. Connecticut · 1981
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3Cited by1 opinion
- In Re Eldorado, Inc.United States Bankruptcy Court, D. Montana · 1987