Legal Opinion

Matter of Cliff's Ridge Skiing Corp.

United States Bankruptcy Court, W.D. Michigan

Decided February 5, 1991No. 19-03143PublishedCited by 18 opinions

1Opinion of the Court

OPINION RESOLVING ENTITLEMENT TO CHAIRLIFT SALE PROCEEDS

JAMES D. GREGG, Bankruptcy Judge.

INTRODUCTION

In this contested matter, three creditors are fighting over sale proceeds from a ski chairlift. Although the parties have attempted to settle this matter, this has not been possible. The Court will therefore grapple with the issues and render a decision.

The issues presented are many. Was the chairlift a fixture? Which creditor has, or creditors have, a valid and perfected mortgage interest or security interest in the chairlift and the proceeds? Does one of the creditors have a perfected…

2Cases cited35 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Schewe v. Fairview Estates (In Re Schewe)United States Bankruptcy Court, W.D. Michigan · 1989
  3. In Re John Darnell, Debtor. United States of America v. John Darnell and the Commonwealth of KentuckyCourt of Appeals for the Sixth Circuit · 1987
  4. Velmer v. Baraga Area SchoolsMichigan Supreme Court · 1988
  5. In Re Kors, Inc.Court of Appeals for the Second Circuit · 1987

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3Cited by18 opinions

  1. In Re Best Products Co., Inc.United States Bankruptcy Court, S.D. New York · 1994
  2. Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
  3. Bratcher v. BucknerCalifornia Court of Appeal · 2001
  4. West Michigan Community Bank v. Wierenga (In Re Wierenga)United States Bankruptcy Court, W.D. Michigan · 2010
  5. K & L Distributors, Inc. v. Kelly Electric, Inc.Alaska Supreme Court · 1995

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