Legal Opinion
Potmesil v. Alexandria Production Credit Ass'n
District Court, W.D. Louisiana
Decided September 18, 1984No. Civ. A. 84-0445PublishedCited by 11 opinions
1Opinion of the Court
NAUMAN S. SCOTT, District Judge.
RULING
This is an appeal from a Judgment rendered by the Bankruptcy Court for the Western District of Louisiana, granting relief under Chapter 7 of the Bankruptcy Code against Joe and Ina Potmesil. The issue is clear: Is Mr. Potmesil a “farmer” under 11 U.S.C. § 101(17) and 11 U.S.C. § 303(a)?
FACTS
For the calendar year 1982, appellants Mr. and Mrs. Joseph Potmesil derived approximately 84.9% of their taxable income from the sale of livestock, cotton, soybeans and other agricultural products taken from their farm. However, on December 22, 1982 they sold to their…
2Cases cited5 opinions
- Utah Junk Co. v. PorterSupreme Court of the United States · 1946
- In Re HinesUnited States Bankruptcy Court, D. South Dakota · 1980
- United States v. Joseph Bryant, John Cagnina, Terry Lee AlvarezCourt of Appeals for the Eleventh Circuit · 1982
- In Re JohnsonUnited States Bankruptcy Court, D. Minnesota · 1981
- Helvering v. Northwestern Nat. Bank & Trust Co. of MinneapolisCourt of Appeals for the Eighth Circuit · 1937
3Cited by11 opinions
- In Re IndrelandUnited States Bankruptcy Court, D. Montana · 1987
- In Re TartUnited States Bankruptcy Court, E.D. North Carolina · 1987
- In Re MaikeUnited States Bankruptcy Court, D. Kansas · 1987
- In Re NelsonUnited States Bankruptcy Court, D. Kansas · 1987
- In Re ShepherdUnited States Bankruptcy Court, N.D. Ohio · 1987
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