Legal Opinion
Karnes v. Salem National Bank (In Re Fullop)
District Court, S.D. Illinois
Decided November 14, 1991No. Civ. 90-4243PublishedCited by 6 opinions
1Opinion of the Court
OPINION
FOREMAN, Chief Judge:
Before the Court are cross appeals from a Memorandum and Order and Judgment entered by the Bankruptcy Court on September 14, 1990. 125 B.R. 536. Because the order was entered in a case or proceeding referred to the bankruptcy judge under 28 U.S.C. § 157 (1988), this Court has jurisdiction to hear the appeals under 28 U.S.C. § 158 (1988).
I. BACKGROUND
At issue in this case is whether the bankruptcy trustee can use his “strong arm” powers under 11 U.S.C. § 544(a) to recover payments made to the Salem National Bank for oil extracted under oil and gas leases in which…
2Cases cited23 opinions
- Farrey v. SanderfootSupreme Court of the United States · 1991
- 10 Collier bankr.cas.2d 1137, Bankr. L. Rep. P 69,875 in the Matter of Evanston Motor Co., Inc., Debtor. First National Bank of Lincolnwood v. Maurice Levine, Trustee and Attorney for TrusteeCourt of Appeals for the First Circuit · 1984
- Harms v. SpragueIllinois Supreme Court · 1984
- In the Matter of Excalibur Automobile Corporation. Excalibur Automobile Corporation, Debtor-Appellant v. Roosevelt v. RobinsonCourt of Appeals for the Seventh Circuit · 1988
- Jilek v. Chicago, Wilmington & Franklin Coal Co.Illinois Supreme Court · 1943
18 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- In Re KilpatrickUnited States Bankruptcy Court, E.D. Michigan · 1993
- OCTAGON GAS SYSTEMS, INC., Appellant, v. Roy T. RIMMER, Appellee, in Re MERIDIAN RESERVE, INC., DebtorCourt of Appeals for the Tenth Circuit · 1993
- Bankr. L. Rep. P 75,440, 21 Ucc rep.serv.2d 757 in the Matter of Henry Robert Fullop, Debtor. Charles E. Jones, Successor Trustee to Gibson D. Karnes, Trustee, Appellant-Cross-Appellee v. Salem National Bank, Appellee-Cross-AppellantCourt of Appeals for the Seventh Circuit · 1993
- Jones v. Salem National Bank (In re Fullop)Court of Appeals for the Seventh Circuit · 1993
- In re JohnsonUnited States Bankruptcy Court, S.D. Illinois · 2014
1 more not listed; retrieve them via the Exa API.