General Electric Capital Corp. v. Spring Grove Transport, Inc. (In Re Spring Grove Transport, Inc.)
United States Bankruptcy Court, E.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
DOUGLAS O. TICE, Jr., Bankruptcy Judge.
Hearing was held on May 6, 1996, on GE Capital’s motion for rehef from the automatic stay. The motion was opposed by debtor’s chapter 7 trustee. The trustee argued that, at the time debtor filed its chapter 7 petition, GE Capital’s hens on six of debtor’s tractors were unperfected and were therefore subject to avoidance by the trustee. At the conclusion of the hearing, the court took the matter under advisement.
The court finds that GE Capital’s hens were unperfected on the date debtor filed bankruptcy. Therefore the motion will be…
2Cases cited8 opinions
- In Re Pacific Express, Inc.Court of Appeals for the Ninth Circuit · 1986
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- Richlands National Bank v. SmithDistrict Court, W.D. Virginia · 1983
- First Eastern Bank, N.A. v. Minichello (In Re Minichello)United States Bankruptcy Court, M.D. Pennsylvania · 1990
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