Legal Opinion
Rieth-Riley Construction Co. v. First Security Bank (In Re Williams Bros. Asphalt Paving Co.)
United States Bankruptcy Court, W.D. Michigan
Decided March 4, 1986No. 19-01148PublishedCited by 10 opinions
1Opinion of the Court
TRUST FUNDS — SECURED CREDITORS — BONA FIDE PURCHASER
DAVID E. NIMS, Jr., Bankruptcy Judge.
This matter involves a dispute between Rieth-Riley Construction Company, Plaintiff, and First Security Bank, Defendant, over the relative interest of each party in an escrow account which was ordered to be created by this Court on March 27, 1984. Rieth-Riley claims the interest of a beneficiary under the Michigan Builders Trust Fund Act, and asserts that the escrowed monies are trust monies and not “property of the estate” within the meaning 11 U.S.C. § 541. First Security Bank (“Bank”) asserts to the…
2Cases cited16 opinions
- Bohn Aluminum & Brass Corporation v. Storm King CorporationCourt of Appeals for the Sixth Circuit · 1962
- 1 Collier bankr.cas.2d 42, Bankr. L. Rep. P 67,033 Ralph I. Selby, Trustee in Bankruptcy for the Frimberger Corporation v. Ford Motor CompanyCourt of Appeals for the Sixth Circuit · 1979
- National Bank v. Eames & Brown, Inc.Michigan Supreme Court · 1976
- Gillen v. Wakefield State BankMichigan Supreme Court · 1929
- Schranz v. I. L. Grossman, Inc.Appellate Court of Illinois · 1980
11 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- United States v. NBD Bank N.A.District Court, E.D. Michigan · 1996
- Frank v. McLain (In Re Peet Packing Co.)United States Bankruptcy Court, E.D. Michigan · 1999
- Tradax America, Inc. v. First National Bank in Stuttgart (In Re Howell Enterprises, Inc.)United States Bankruptcy Court, E.D. Arkansas · 1989
- In Re OsterwalderUnited States Bankruptcy Court, N.D. Ohio · 2008
- Prestige Imports, Inc. v. South Weymouth Savings BankMassachusetts Appeals Court · 2009
5 more not listed; retrieve them via the Exa API.