Legal Opinion

Chain Technology, Inc. v. Fleet National Bank (In Re Handy & Harman Refining Group, Inc.)

United States Bankruptcy Court, D. Connecticut

Decided May 16, 2003No. 19-50294Published

1Opinion of the Court

INTERLOCUTORY RULING PARTIALLY GRANTING DEFENDANTS’ MOTION FOR SUMMARY JUDGMENT

ROBERT L. KRECHEVSKY, Bankruptcy Judge.

I

ISSUES

A

The issues before the court, in general, involve the recondite area of secured financing in the precious metals industry and, in particular, the parties’ responsibilities where the same lender finances the operations of a precious metal refinery and the refinery’s customers.

B

Chain Technology, Inc. (“Chain”), 1 on January 3, 2001, filed a six-count complaint against Fleet National Bank and Fleet Precious Metals, Inc. (together, “Fleet”) 2 alleging as causes of action…

2Cases cited12 opinions

  1. Emil Aslanidis v. United States Lines, Inc., United States Lines (s.a.), Inc., United States Lines, Inc., Reorganization Trust, United States Lines (s.a.), Inc., Reorganization Trust, Emil Aslanidis v. Brandeis Intsel & Co., Inc., Brandeis Division of Pechiney World Trade Usa, Inc., John Doe I, John Doe Ii, John Doe Iii, Samancor, Ltd., South African Container Depots, Ltd. And Rennies Freight Services, Ltd., Brandeis Intsel & Co., Inc. And Brandeis Division of Pechiney World Trade Usa, Inc., Third-Party-Plaintiffs v. Samancor, Ltd., South African Container Depots, Ltd. And Rennies Freight Services, Ltd., Third-Party-DefendantsCourt of Appeals for the Second Circuit · 1993
  2. Crellin Technologies, Inc. v. Equipmentlease Corp.Court of Appeals for the First Circuit · 1994
  3. Habetz v. CondonSupreme Court of Connecticut · 1992
  4. Southbridge Associates, LLC v. GarofaloConnecticut Appellate Court · 1999
  5. In Re Belmont Realty Corporation, Debtor, Rhode Island Hospital Trust National Bank v. Elizabeth v. BogosianCourt of Appeals for the First Circuit · 1993

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