Legal Opinion
In Re SFW, Inc.
United States Bankruptcy Court, S.D. California
Decided February 8, 1988No. 19-00490PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM DECISION
JOHN J. HARGROVE, Bankruptcy Judge.
I
At issue is whether loans extended by La Jolla Bank and Trust Company (“the Bank”) to SFW, Inc., doing business as Seafarms West (“the debtor”) for the business operations of the debtor, may be classified as “consumer loans” for the purpose of invoking the co-debtor automatic stay provision of 11 U.S.C. § 1201.
The Bank contends that loans for business purposes are clearly outside the scope of the co-debtor protections of 11 U.S.C. § 1201.
The debtor claims that Congress intended an expansive reading of the term “family farm” such that…
2Cases cited9 opinions
- Mississippi Power & Light Co. & Mississippi Public Service Commission v. United Gas Pipe Line Co.Court of Appeals for the Fifth Circuit · 1985
- In Re Robinson Ranch, Inc.United States Bankruptcy Court, D. Montana · 1987
- In Re AlmendingerUnited States Bankruptcy Court, N.D. Ohio · 1985
- Kelly v. Solot (In Re Kelly)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
- In Re CooperUnited States Bankruptcy Court, S.D. California · 1980
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Maritime Asbestosis Legal Clinic v. LTV Steel Co. (In Re Chateaugay Corp.)District Court, S.D. New York · 1990
- First Security Bank of Utah v. CreechUtah Supreme Court · 1993
- In re GrillotUnited States Bankruptcy Court, D. Kansas · 2017
- In Re WayUnited States Bankruptcy Court, S.D. Texas · 1990
- In re Terry Properties, LLCUnited States Bankruptcy Court, W.D. Virginia · 2017
3 more not listed; retrieve them via the Exa API.