Legal Opinion
Peoples Trust Bank v. Braun
Indiana Court of Appeals
Decided January 10, 1983No. 3-781A173PublishedCited by 26 opinions
1Opinion of the Court
GARRARD, Judge.
This case arose from a dispute between two creditors of an insolvent corporation (Ampar, Inc.) regarding their relative priority for repayment of monies loaned to the corporation.
Ampar was wholly owned by James J. and Rosemarie Duffek. It apparently had a successful product but was continually plagued with financing difficulties. Appellant, Peoples Trust Bank (bank) loaned Am-par money periodically from December 1975 through June 1978.
Despite these loans Ampar needed additional funds, and so during the first week of April 1977, James Duffek and Daniel Skinner, a vice president…
2Cases cited18 opinions
- Plymale v. UprightIndiana Court of Appeals · 1981
- Automobile Underwriters, Inc. v. RichIndiana Supreme Court · 1944
- Shapiro v. RubensCourt of Appeals for the Seventh Circuit · 1948
- Hunter v. HunterIndiana Court of Appeals · 1972
- Sachs v. BlewettIndiana Supreme Court · 1933
13 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Scott v. Bodor, Inc.Indiana Court of Appeals · 1991
- Demming v. UnderwoodIndiana Court of Appeals · 2011
- Huntington Mortgage Co. v. DeBrotaIndiana Court of Appeals · 1998
- Paulson v. Centier BankIndiana Court of Appeals · 1998
- Indiana High School Athletic Ass'n v. SchaferIndiana Court of Appeals · 1992
21 more not listed; retrieve them via the Exa API.