Interbusiness Bank v. First Nat. Bank of Mifflin.
District Court, M.D. Pennsylvania
1Opinion of the Court
MEMORANDUM
CONNER, District Judge.
Presently before the court in this Uniform Commercial Code (“U.C.C.”) case are several dispositive motions in which the parties seek recognition of their respective security interests in certain collateral of a common debtor as superior to others. Plaintiff, InterBusiness Bank, N.A. (“In-terBusiness”), contends that defendant, First National Bank of Mifflintown (“First National”), lacked a valid interest in the “inventory” and “accounts receivable” of the debtor and yet collected and liquidated those assets in derogation of plaintiffs superior interest.…
2Cases cited48 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Duncan v. WalkerSupreme Court of the United States · 2001
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
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3Cited by28 opinions
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- InterBusiness Bank, N.A. v. First National Bank of MifflintownDistrict Court, M.D. Pennsylvania · 2004
- Kapp v. Norfolk Southern Railway Co.District Court, M.D. Pennsylvania · 2004
- Shaw Group, Inc. v. Bechtel Jacobs Co. (In Re IT Group, Inc.)United States Bankruptcy Court, D. Delaware · 2006
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