Coral Petroleum, Inc. v. Paribas (In Re Coral Petroleum, Inc.)
United States Bankruptcy Court, S.D. Texas
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
MANUEL D. LEAL, Bankruptcy Judge.
This matter, before the Court on plaintiff Coral Petroleum’s complaint for a declaratory judgment raises several complex issues. The major issues are whether a 30 million dollar promissory note is to be clas sified as an instrument or a general intangible under the Uniform Commercial Code and whether the defendants Banque Pari-bas and MBank, N.A. properly perfected their security interests in the promissory note so as to prevent the debtor from avoiding their respective interests under 11 U.S.C. § 544. Because the Court concludes…
2Cases cited25 opinions
- QUALITY HOLSTEIN LEASING v. McKENZIECourt of Appeals for the Fifth Circuit · 1985
- In the Matter of Bollinger Corporation, Bankrupt. Appeal of Carl L. Bigler, Trustee for Bollinger CorporationCourt of Appeals for the Third Circuit · 1980
- Knapp, Stout & Co. v. McCaffreySupreme Court of the United States · 1900
- In the Matter of Numeric Corp., Bankrupt. Appeal of Russell E. BlankCourt of Appeals for the First Circuit · 1973
- Allstate Insurance Company, an Illinois Corporation v. The Employers Liability Assurance Corp., Ltd., and United States Fidelity and Guaranty Co.Court of Appeals for the Fifth Circuit · 1971
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- Continental Can Co. v. Owensboro Canning Co. (In Re Owensboro Canning Co.)District Court, W.D. Kentucky · 1988
- Federal Deposit Insurance v. Kipperman (In Re Commercial Money Center, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2008
- Kroh Operating Ltd. Partnership v. Barnett Bank of Southwest Florida (In Re Kroh Bros. Development Co.)United States Bankruptcy Court, W.D. Missouri · 1989
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