Legal Opinion
Covey v. Ipava State Bank (In Re Ladd)
United States Bankruptcy Court, C.D. Illinois
Decided October 13, 1989No. 19-80129PublishedCited by 4 opinions
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
In February of 1984 the Debtor executed and delivered to the IPAVA STATE BANK (BANK) a Uniform Commercial Code Financing Statement which described the collateral to the BANK, along with other collateral, as being:
“crops, growing or to be grown, in Ber-nadotte Twp, Fulton County, IL”.
A box on the Financing Statement was checked which indicated that products of collateral were also covered. In June of 1986 the Debtor gave the BANK another Uniform Commercial Code Financing Statement which described the collateral, along with other collateral as…
2Cases cited4 opinions
- In the Matter of Leland G. Schmaling and Mary F. Schmaling, Debtors. Appeal of Esther J. Schmaling, Leland G. Schmaling and Mary F. SchmalingCourt of Appeals for the Seventh Circuit · 1986
- Litwin v. Timbercrest Estates, Inc.Appellate Court of Illinois · 1976
- Barash v. Peoples National Bank of Kewanee (In Re Kruge)United States Bankruptcy Court, C.D. Illinois · 1987
- In Re BlackertUnited States Bankruptcy Court, C.D. Illinois · 1989
3Cited by4 opinions
- In Re StallingsUnited States Bankruptcy Court, D. Idaho · 2003
- In Re MintzUnited States Bankruptcy Court, D. Massachusetts · 1996
- Burgess v. SikesCourt of Appeals for the Fifth Circuit · 2006
- Burgess v. SikesCourt of Appeals for the Fifth Circuit · 2006