Legal Opinion
Citizens First National Bank of Princeton v. Rumbolo & Kuhn, Inc. (In Re Newton)
United States Bankruptcy Court, C.D. Illinois
Decided September 11, 1986No. 19-70114PublishedCited by 24 opinions
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
The Debtor was a farmer, and on January 19, 1984, he borrowed from Citizens First National Bank of Princeton (Plaintiff) 1123,800.00 and executed a Security Agreement granting the Plaintiff a security interest in 90 acres of corn, 167 acres of soybeans, and 74 acres of wheat to be planted, grown, matured, harvested, and stored during the 1984 crop year. The security interest was validly perfected by the filing of a Uniform Commercial Code Financing Statement. Pursuant to Section 9-307 of the Uniform Commercial Code as adopted in Illinois…
2Cases cited5 opinions
- In Re Rock Industries MacHinery Corp., F/k/a Lippmann, Inc., Bankrupt. Appeal of Litton Systems, IncCourt of Appeals for the Seventh Circuit · 1978
- Committee of Asbestos-Related Litigants and/or Creditors v. Johns-Manville Corp. (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1986
- In Re MerrittUnited States Bankruptcy Court, E.D. Pennsylvania · 1984
- BSL Operating Corp. v. 125 East Taverns, Inc. (In Re BSL Operating Corp.)United States Bankruptcy Court, S.D. New York · 1986
- Matter of FrankUnited States Bankruptcy Court, S.D. Ohio · 1983
3Cited by24 opinions
- In the Matter of Statistical Tabulating Corp., Inc., Debtor. Appeal of United States of AmericaCourt of Appeals for the Seventh Circuit · 1995
- Production Credit Association v. HedgesOhio Court of Appeals · 1993
- Matter of DepewUnited States Bankruptcy Court, N.D. Indiana · 1990
- Christie v. First State Bank (In Re Keener)United States Bankruptcy Court, N.D. Texas · 2003
- Nathanson v. HeckerCalifornia Court of Appeal · 2002
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