Cain v. Mappa (In Re Pineview Care Center, Inc.)
District Court, D. New Jersey
1Opinion of the Court
OPINION
BROTMAN, District Judge:
Presently before the Court is an appeal from an order of the United States Bankruptcy Court granting Appellees’ motions for summary judgment. For the reasons set forth below, the Bankruptcy Court’s decision is affirmed.
FACTS AND PROCEDURAL BACKGROUND
In June 1987 United Jersey Bank South, N.A. (“UJB”) made a $300,000 demand loan to Pineview Care Center, Inc. (“Pineview”). The loan was secured by a lien on all money Pineview deposited with UJB. In addition, the loan was guaranteed by Pine-view’s president, Baruch Mappa.
At the time the loan was made, Pine-view’s…
2Cases cited19 opinions
- Louis W. Levit, Trustee of V.N. Deprizio Construction Co. v. Ingersoll Rand Financial CorporationCourt of Appeals for the Seventh Circuit · 1989
- Lee v. SchweikerCourt of Appeals for the Third Circuit · 1984
- In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.Court of Appeals for the Second Circuit · 1979
- In re PrescottCourt of Appeals for the Seventh Circuit · 1986
- Donald Katz, Trustee in Bankruptcy of Oakland Foundry Company of Belleville, Illinois, Inc. v. The First National Bank of Glen HeadCourt of Appeals for the First Circuit · 1978
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- Belford v. Union Trust Co. (In Re Wild Bills, Inc.)United States Bankruptcy Court, D. Connecticut · 1997
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