Legal Opinion

In re Sparmal Enterprises, Inc.

District Court, S.D. Indiana

Decided January 13, 1987No. Bankruptcy No. IP85-4656RAPublished

1Opinion of the Court

ENTRY ON APPLICATION FOR ORDER AUTHORIZING ABANDONMENT OF PROPERTY

ROBERT L. BAYT, Bankruptcy Judge.

On October 17, 1985, Sparmal Enterprises, Inc. (“Sparmal”), filed its voluntary petition under Chapter 11 of Title 11 of the United States Code. On December 3, 1985, Beneficial Commercial Corporation (“Beneficial”) filed the instant application for order authorizing abandonment of property (“Application”).

The following facts are undisputed. On or about August 18, 1982, Beneficial properly filed with the Indiana Secretary of State and applicable county recorder a financing statement naming Monroe…

2Cases cited17 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Ppg Industries, Inc. v. The Hartford Fire Insurance Company, and United States of AmericaCourt of Appeals for the Second Circuit · 1976
  3. Citizens Savings Bank v. Sac City State BankSupreme Court of Iowa · 1982
  4. Myron Herrick v. David Knight Sayler, Administrator, Etc.Court of Appeals for the Seventh Circuit · 1957
  5. McGill v. Muddy Fork of Silver Creek Watershed Conservancy DistrictIndiana Court of Appeals · 1977

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