Legal Opinion
In re Manufacturers Credit Corp.
Court of Appeals for the Third Circuit
Decided April 12, 1971No. 18252PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
KALODNER, Circuit Judge.
Where a bank has financed the purchase of 20 motor buses in New Jersey and perfected a security interest in them by proper filing with the New Jersey Director of Motor Vehicles (“Director”), was it required, under New Jersey law, to make a further filing with the Director of a subsequent non-purchase money loan on the same buses in order to perfect a security interest in them as to the second loan?
The question was answered in the affirmative by the Referee in Bankruptcy in the instant proceedings for reorganization under Chapter X of the Bankruptcy…
2Cases cited4 opinions
- National City Bank of New York v. Del SordoSupreme Court of New Jersey · 1954
- Ferrante Equipment Co. v. Foley MacHinery Co.Supreme Court of New Jersey · 1967
- Muir v. Jefferson Credit Corp.New Jersey Superior Court Appellate Division · 1970
- In the Matter of Ferro Contracting Co., Inc., Bankrupt. Livingston National BankCourt of Appeals for the Third Circuit · 1967
3Cited by5 opinions
- BJL Leasing Corp. v. Whittington, Singer, Davis and Company, Inc.New Jersey Superior Court Appellate Division · 1985
- Martin v. NagerNew Jersey Superior Court Appellate Division · 1983
- Union Bank & Trust Co. v. McDonald (In re Daniels)District Court, W.D. Oklahoma · 1982
- United States v. One 1982 Oldsmobile Cutlass VD 1GAM47A4CM453310District Court, W.D. Oklahoma · 1989
- In the Matter of Manufacturers Credit Corporation, a New Jersey Corporation, Debtors. Appeal of Peoples Trust of New Jersey (Formerly Known as Peoples Trust Company of Bergen County) a Trade CreditorCourt of Appeals for the Third Circuit · 1971