Legal Opinion
Mid-America Industries, Inc. v. Ketchie
Supreme Court of Oklahoma
Decided January 10, 1989No. 67718PublishedCited by 7 opinions
1Opinion of the Court
HODGES, Justice.
This case of first impression concerns the effect of a transferee’s noncompliance with the bulk transfer notice and distribution requirements of article 6 of the Oklahoma Uniform Commercial Code. The trial court held that (1) the sale of an auto parts store’s assets was subject to bulk transfer provisions and (2) that the transferee’s noncompliance with those provisions resulted in liability to an unsecured creditor of the transferor for the amount of sale proceeds in excess of a properly paid secured debt. We affirm the trial court’s decision.
Tommy Williams was the principal…
2Cases cited13 opinions
- Starman v. John Wolfe, Inc.Missouri Court of Appeals · 1973
- Hixson v. Pride of Texas Distributing Co.Court of Appeals of Texas · 1985
- Ouachita Electric Cooperative Corp. v. Evans-St. ClairCourt of Appeals of Arkansas · 1984
- American Metal Finishers, Inc. v. PalleschiAppellate Division of the Supreme Court of the State of New York · 1977
- Anderson & Clayton Co. v. EarnestCourt of Appeals of Texas · 1980
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Ed Peters Jewelry Co. v. C & J Jewelry Co.Court of Appeals for the First Circuit · 1997
- Baker & Sons Equipment Co. v. GSO Equipment Leasing, Inc.Ohio Court of Appeals · 1993
- Committee of Unsecured Creditors of Interstate Cigar Co. v. Interstate Distribution, Inc. (In Re Interstate Cigar Co.)United States Bankruptcy Court, E.D. New York · 2002
- Committee of Unsecured Creditors of Interstate Cigar Co. v. Interstate Distribution, Inc.New York Supreme Court · 2000
- Arkla Exploration Co. v. Norwest Bank of Minneapolis, National Ass'nCourt of Appeals for the Tenth Circuit · 1991
2 more not listed; retrieve them via the Exa API.