Legal Opinion
In Re Waverly Textile Processing, Inc.
United States Bankruptcy Court, E.D. Virginia
Decided November 10, 1997No. 19-10626PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
DOUGLAS O. TICE, Bankruptcy Judge.
Imperial Premium Finance, Inc. (“IPF”) financed the premiums for commercial insurance policies purchased by debtor in this bankruptcy case. As collateral for this loan, IPF took a security interest in the unearned premiums to which the insured would be entitled in the event the policies were canceled at any time before their expiration. Fearing the dissipation of its collateral as debtor continued to use up the insurance policies while not making installment pay ments on the loan, IPF filed with this court a motion for relief from the…
2Cases cited9 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- GRUNDY NATIONAL BANK, Appellant, v. TANDEM MINING CORPORATION; Jerry Marshall Lester; Benny Joe Burks, AppelleesCourt of Appeals for the Fourth Circuit · 1985
- In Re James R. Ahlers and Mary M. Ahlers, Debtors. James R. Ahlers and Mary M. Ahlers v. Norwest Bank Worthington and Federal Land Bank, in Re James R. Ahlers and Mary M. Ahlers, Debtors. Norwest Bank Worthington, N.A. v. James R. Ahlers and Mary M. AhlersCourt of Appeals for the Eighth Circuit · 1986
- In Re CasonUnited States Bankruptcy Court, N.D. Alabama · 1995
- Travelers Life & Annuity Co. v. Ritz-Carlton of D.C., Inc. (In Re Ritz-Carlton of D.C., Inc.)District Court, S.D. New York · 1989
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3Cited by5 opinions
- People's Capital & Leasing Corp. v. Big3D, Inc. (In Re Big3D, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2010
- Savage & Associates, P.C. v. A.I. Credit Corp. (In Re Teligent, Inc.)United States Bankruptcy Court, S.D. New York · 2005
- In re Alliance Well Service, LLCUnited States Bankruptcy Court, D. New Mexico · 2016
- People's Capital & Leasing Corp. v. Big3D, Inc. (In Re Big3D, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2010
- Richard Eichert Hardison and Mary Ann HardisonUnited States Bankruptcy Court, S.D. West Virginia · 2020