Legal Opinion

Allis-Chalmers Credit Corp. v. Bank of Utica

New York Supreme Court

Decided May 15, 1981PublishedCited by 5 opinions

1Opinion of the Court

OPINION OF THE COURT

John R. Tenney, J.

The parties have submitted this case on an agreed statement of facts. In March of 1973, Allis-Chalmers Corporation filed a financing statement (UCC-1) designating Geo-dynamics, Inc., as the debtor, Allis-Chalmers Corporation as the secured party and Allis-Chalmers Credit Corporation as the assignee of the secured party. The UCC-1 covered “the debtor’s inventory of new and used and rental machinery together with attachments and accessories thereto and replacement parts therefor now owned or hereafter acquired on which the debtor has given or hereafter…

2Cases cited4 opinions

  1. Beneficial Finance Co. of New York, Inc. v. Kurland Cadillac-Oldsmobile, Inc.Appellate Division of the Supreme Court of the State of New York · 1969
  2. Marine Midland Bank-Eastern National Ass'n v. Conerty Pontiac-Buick, Inc.New York Supreme Court · 1974
  3. Bank of Utica v. Smith Richfield Springs, Inc.New York Supreme Court · 1968
  4. In re the General Assignment for the Benefit of Creditors of Marta Cooperative, Inc., New York County Courts1973

3Cited by5 opinions

  1. United States v. Dale Smith, Suzanne Smith, Gordon E. Mills and Sharon R. MillsCourt of Appeals for the Second Circuit · 1987
  2. Marine Midland Bank, N. A. v. Smith Boys, Inc.New York Supreme Court · 1985
  3. Collins v. Angell (In re Baker)United States Bankruptcy Court, N.D. New York · 2012
  4. In Re Kerner Printing Co., Inc.United States Bankruptcy Court, S.D. New York · 1995
  5. Allis-Chalmers Credit Corp. v. Bank of UticaAppellate Division of the Supreme Court of the State of New York · 1982

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