Unsecured Creditors Committee v. Marepcon Financial Corp. (In re Bumper Sales, Inc.)
Court of Appeals for the Fourth Circuit
1Opinion of the Court
CHAPMAN, Circuit Judge:
This appeal stems from the district court’s affirmance of the bankruptcy court’s order granting to the appel-lee/cross-appellant Marepcon Financial Corporation (Marepcon), t/a Norshipco Financial Corporation (Norshipco), a post-petition security interest in the inventory, receivables and other assets of debtor Bumper Sales, Inc. (Bumper Sales), to the detriment of appellant/cross-appellee Unsecured Creditors’ Committee (the Committee). We affirm.
I
In order to expand its inventory of car and truck bumpers, Bumper Sales borrowed from Marepcon, a small asset-based lender…
2Cases cited25 opinions
- Marin Motor Oil, Inc. v. MichaelsCourt of Appeals for the Third Circuit · 1982
- In Re J. Catton Farms, Inc., Debtor-Appellant v. The First National Bank of ChicagoCourt of Appeals for the First Circuit · 1985
- In the Matter of Glasco, Inc., D/B/A Elite Boat Company, Bankrupt. Earl T. Brushwood, Trustee v. Citizens Bank of Perry, a Banking CorporationCourt of Appeals for the Fifth Circuit · 1981
- In Re Public Service Co. of New HampshireUnited States Bankruptcy Court, D. New Hampshire · 1988
- Varney Wood Products, Inc. v. StricklerCourt of Appeals for the Fourth Circuit · 1972
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3Cited by5 opinions
- In Re MintzUnited States Bankruptcy Court, D. Massachusetts · 1996
- Hard Rock Exploration, Inc. and Blue Jacket PartnershipUnited States Bankruptcy Court, S.D. West Virginia · 2020
- In Re Bumper Sales, Inc., Debtor. Unsecured Creditors Committee v. Marepcon Financial Corporation, T/a Norshipco Financial Corporation Bumper Sales, Inc., in Re Bumper Sales, Inc., Debtor. Unsecured Creditors Committee v. Marepcon Financial Corporation, T/a Norshipco Financial Corporation, and Bumper Sales, Inc.Court of Appeals for the Fourth Circuit · 1990
- Stephens, Jr. v. The Huntington National BankUnited States Bankruptcy Court, S.D. West Virginia · 2020
- The Huntington National Bank v. YostUnited States Bankruptcy Court, S.D. West Virginia · 2020