Legal Opinion
Canal National Bank v. Larry's Equipment Service, Inc. (In Re Larry's Equipment Service, Inc.)
United States Bankruptcy Court, D. Maine
Decided September 13, 1982No. 16-20649PublishedCited by 19 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
JAMES A. GOODMAN, Bankruptcy Judge.
Plaintiff, Canal National Bank, filed a Complaint to Determine the Validity, Priority and Extent of its Liens in property of the debtor, Larry’s Equipment Service, Inc. 1 The property was sold by the trustee free and clear of all liens pursuant to Court. Order with valid liens to attach to the proceeds of said sale. All parties in interest have been determined as unsecured creditors except plaintiff, First Bank, N.A., and Federal Trust Company. 2
No dispute arises with respect to the validity and perfection of the senior lien of…
2Cases cited5 opinions
- Meyer v. United StatesSupreme Court of the United States · 1963
- Sowell v. Federal Reserve Bank of DallasSupreme Court of the United States · 1925
- Victor Gruen Associates, Inc. v. Morris M. Glass and Hilda Glass, Irving Sulmeyer, Receiver, California Federal Savings and Loan AssociationCourt of Appeals for the Ninth Circuit · 1964
- Textile Banking Company, Inc., and Cross-Appellee v. H. E. Widener, Jr., Trustee of Lincoln Industries, Incorporated, Bankrupt, and Cross-AppellantCourt of Appeals for the Fourth Circuit · 1959
- Westinghouse Credit Corp. v. Central Trust Co. (In Re Leonardo)United States Bankruptcy Court, W.D. New York · 1981
3Cited by19 opinions
- In Re Center Wholesale, Inc.Court of Appeals for the Ninth Circuit · 1985
- Chittenden Trust Co. v. Sebert Lumber, Co. (In Re Vermont Toy Works, Inc.)United States Bankruptcy Court, D. Vermont · 1987
- Federal Land Bank of Columbia v. Tidwell (In Re McElwaney)United States Bankruptcy Court, M.D. Georgia · 1984
- Exchange Bank of Kingstree v. South Carolina National Bank (In Re Dig It, Inc.)United States Bankruptcy Court, D. South Carolina · 1991
- In Re United Retail Corp.United States Bankruptcy Court, D. Hawaii · 1983
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