Legal Opinion
Rainier National Bank v. Bachmann
Washington Supreme Court
Decided July 15, 1988No. 53286-9PublishedCited by 20 opinions
1Opinion of the Court
Brachtenbach, J. —
This case concerns the claim of a secured creditor to payments from the government to the debtor, pursuant to the federal Dairy Termination Program, described hereafter.
The secured creditor, Rainier National Bank (Bank) alleges a principal debt in default in the amount of $881,616.48. Bank claims security in the form of a real estate mortgage, a deed of trust, and perfected security agreements on collateral described hereafter.
Bank moved for summary judgment to determine that the Dairy Termination Program (DTP) payments are subject to its personal property security…
2Cases cited3 opinions
- In the Matter of William Guy Munger, Bankrupt. Ernest J. Pombo v. Jack A. Ulrich, TrusteeCourt of Appeals for the Ninth Circuit · 1974
- In the Matter of Leland G. Schmaling and Mary F. Schmaling, Debtors. Appeal of Esther J. Schmaling, Leland G. Schmaling and Mary F. SchmalingCourt of Appeals for the Seventh Circuit · 1986
- Osteroos v. Norwest Bank Minot, N.A.District Court, D. North Dakota · 1984
3Cited by20 opinions
- Central Washington Bank v. Mendelson-Zeller, Inc.Washington Supreme Court · 1989
- Wiersma v. O.H. Kruse Grain & Milling (In Re Wiersma)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2005
- Arkison v. Frontier Asset Management, LLC (In Re Skagit Pacific Corp.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2004
- In Re Alcom America Corp.District Court, District of Columbia · 1993
- Western Farm Service, Inc. v. OlsenWashington Supreme Court · 2004
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