Legal Opinion
In re Martin Grinding & Machine Works, Inc.
Court of Appeals for the Seventh Circuit
Decided June 23, 1986No. 85-1666PublishedCited by 18 opinions
1Opinion of the Court
ESCHBACH, Senior Circuit Judge.
The primary issue presented by this appeal is whether, under the Illinois Uniform Commercial Code, loan documents can supplement a security agreement to create a security interest in property inadvertently omitted from the security agreement’s enumeration of secured collateral. The bankruptcy court dismissed a secured party’s claim of a security interest in property not described in the security agreement. The district court affirmed the dismissal. For the reasons stated below, we hold that the loan documents cannot expand the scope of the security agreement and…
2Cases cited11 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In the Matter of Amex-Protein Development Corporation, Bankrupt. M. Nolden, Trustee of Estate of Bankrupt v. Plant ReclamationCourt of Appeals for the Ninth Circuit · 1974
- Twin Disc, Incorporated, Cross-Appellant v. Big Bud Tractor, Inc., and Third-Party Cross v. Grad-Line, Incorporated, Third-PartyCourt of Appeals for the Third Circuit · 1985
- The Prudential Insurance Company of America v. Christopher P. SipulaCourt of Appeals for the Seventh Circuit · 1985
- Allis-Chalmers Corp. v. StaggsAppellate Court of Illinois · 1983
6 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re McDonald Bros. Construction, Inc.United States Bankruptcy Court, N.D. Illinois · 1990
- In Re Vic Supply Company, Inc., Debtor. Falconbridge U.S., Inc. v. Bank One Illinois, N.A.Court of Appeals for the Seventh Circuit · 2000
- Helms v. Certified Packaging Corp.Court of Appeals for the Seventh Circuit · 2008
- Bankr. L. Rep. P 71,216, 1 Ucc rep.serv.2d 1329 in the Matter of Martin Grinding & MacHine Works, Inc., an Illinois Corporation, Debtor. Appeal of Forest Park National BankCourt of Appeals for the Seventh Circuit · 1986
- Charles E. Covey v. State Bank of ToulonCourt of Appeals for the Seventh Circuit · 2014
13 more not listed; retrieve them via the Exa API.