Legal Opinion

Ingersoll-Rand Financial Corp. v. 5-Leaf Clover Corp. (In Re 5-Leaf Clover Corp.)

United States Bankruptcy Court, S.D. West Virginia

Decided September 3, 1980No. Bankruptcy Nos. 80-50053, 80-50054, 80-50052, A.P. Nos. 80-0103, 80-0104, 80-0102PublishedCited by 29 opinions

1Opinion of the Court

MEMORANDUM OF OPINION

EDWIN F. FLOWERS, Bankruptcy Judge.

Ingersoll-Rand Financial Corporation asks that the automatic stay imposed by 11 U.S.C. § 362 be lifted to enable it to repossess certain mining equipment owned by the Debtors in which Ingersoll-Rand claims a security interest.

A preliminary hearing on the matter was held on July 9, 1980. At that time, the Court approved a motion to consolidate the three cases for hearing since the evidence was essentially identical in each case and no objection to the motion was received. * Conflicting evidence was offered as to the value of the equipment…

2Cases cited3 opinions

  1. Heritage Savings & Loan Ass'n v. Rogers Development Corp. (In Re Rogers Development Corp.)United States Bankruptcy Court, E.D. Virginia · 1980
  2. Vlahos v. Pitts (In Re Pitts)United States Bankruptcy Court, C.D. California · 1979
  3. Citicorp Business Credit, Inc. v. Blazon Flexible Flyer, Inc.District Court, N.D. Ohio · 1976

3Cited by29 opinions

  1. La Jolla Mortgage Fund v. Rancho El Cajon AssociatesUnited States Bankruptcy Court, S.D. California · 1982
  2. Metropolitan Life Insurance v. Monroe Park (In Re Monroe Park)District Court, D. Delaware · 1982
  3. Commonwealth State Employees' Retirement Fund v. RoaneDistrict Court, E.D. Pennsylvania · 1981
  4. Crocker National Bank v. American Mariner Industries, Inc. (In Re American Mariner Industries, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1983
  5. In Re Development, Inc.United States Bankruptcy Court, D. Hawaii · 1984

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