Legal Opinion

Lemley-Cabbiness Farms v. Federal Deposit Insurance Corp. (In Re Lemley Estate Business Trust)

United States Bankruptcy Court, N.D. Texas

Decided September 19, 1986No. 19-40673PublishedCited by 10 opinions

1Opinion of the Court

MEMORANDUM OF DECISION CONCERNING CROP LIENS

JOHN C. AKARD, Bankruptcy Judge.

Statement of Facts

On or about January 16, 1984, Plainsman Agricultural Credit Corporation (PACC) 1 loaned $356,865.00 to Noah Lemley. As collateral for its loan, PACC received (among other things) a Security Agreement on:

All farm supplies, farm products and crops: and all natural increase thereof now or at any time hereafter including but not limited to crops located or growing or to be grown on the real property described as follows:

All cotton and milo being grown on my 100% interest in 1,280 acre [sic] on Sec. 2 &…

2Cases cited7 opinions

  1. First State Bank of Abernathy v. Holder (In Re Nivens)United States Bankruptcy Court, N.D. Texas · 1982
  2. In Re KruseUnited States Bankruptcy Court, D. Kansas · 1983
  3. First National Bank of Colorado Springs v. Hamilton (In Re Hamilton)United States Bankruptcy Court, D. Colorado · 1982
  4. United States v. Minster Farmers Cooperative Exchange, Inc.District Court, N.D. Ohio · 1977
  5. Fairchild v. Lebanon Production Credit Ass'n (In Re Fairchild)United States Bankruptcy Court, S.D. Ohio · 1983

2 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Bankr. L. Rep. P 76,998, 96 Cal. Daily Op. Serv. 4447, 96 Daily Journal D.A.R. 7202 in Re Theodore Steven Roosevelt, Debtor. Finalco, Inc. v. Theodore Steven RooseveltCourt of Appeals for the Ninth Circuit · 1996
  2. Michaels v. National Bank of Sussex County (In Re E-Tron Corp.)United States Bankruptcy Court, D. New Jersey · 1992
  3. Rosen v. Dahan (In Re Minh Vu Hoang)District Court, D. Maryland · 2012
  4. Sullivan v. Willock (In Re Wey)District Court, C.D. Illinois · 1987
  5. Pinkert v. Farmers Home Administration (In Re Pinkert)United States Bankruptcy Court, N.D. Texas · 1987

5 more not listed; retrieve them via the Exa API.

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