Legal Opinion

In the Matter of Joseph Wambach, Sr., Bankrupts, and Palatine National Bank, Intervening v. William L. Randall, Trustee in Bankruptcy

Court of Appeals for the Seventh Circuit

Decided August 6, 1973No. 72-1725PublishedCited by 30 opinions

1Opinion of the Court

SPRECHER, Circuit Judge.

This appeal considers whether under the Illinois enactment of the Uniform Commercial Code a document evidencing a conveyance of property rights absolute on its face may be construed as a security agreement by reference to other documents relating to the underlying loan.

I

In early January, 1970, Hans Wam-bach and Joseph Wambach, Jr., sons of Joseph Wambach, Sr., and Hermine Wambach, met with C. Michael Reese and Scott Skoglund, officers of Palatine National Bank, on the premises of Wam-bach Corporation to discuss possible loans by the bank to the corporation with a…

2Cases cited7 opinions

  1. Levine v. PascalAppellate Court of Illinois · 1968
  2. Avco Delta Corporation Canada Limited v. United States of America, and Canadian Parkhill Pipe Stringing, Inc.Court of Appeals for the Seventh Circuit · 1972
  3. Mid-Eastern Electronics, Inc. v. First National Bank of Southern Maryland, GarnisheeCourt of Appeals for the First Circuit · 1970
  4. In Re Walter W. Willis, Inc.District Court, N.D. Ohio · 1970
  5. In Re WambachDistrict Court, N.D. Illinois · 1972

2 more not listed; retrieve them via the Exa API.

3Cited by30 opinions

  1. In Re Navigation Technology Corporation, Debtor. Victor W. Dahar, Trustee v. Raytheon CompanyCourt of Appeals for the First Circuit · 1989
  2. Komas v. Future Systems, Inc.California Court of Appeal · 1977
  3. Pine Top Insurance v. Bank of America National Trust & Savings Ass'nCourt of Appeals for the Seventh Circuit · 1992
  4. Francine Klingman, and United States of America, Intervenor-Appellee v. Melvin E. Levinson, and Muriel B. Levinson, Intervenor-AppellantCourt of Appeals for the Seventh Circuit · 1997
  5. American Invs-Co Countryside, Inc., an Illinois Corporation v. Riverdale Bank, an Illinois Banking CorporationCourt of Appeals for the Seventh Circuit · 1979

25 more not listed; retrieve them via the Exa API.

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