Legal Opinion
Kirtley, Trustee v. Mabrey Bank
United States Bankruptcy Court, N.D. Oklahoma
Decided April 28, 2022No. 21-01012Unknown
1Opinion
IN THE UNITED STATES BANKRUPTCY COURT □□□ FOR THE NORTHERN DISTRICT OF OKLAHOMA Se ee IN RE: : i □□ □ 5 MICHEAL CLEVELAND RUDICK, Case No. 20-11918-M 2; □□ Chapter 7 Debtor. SCOTT P. KIRTLEY, TRUSTEE, Plaintiff, Adversary No. 21-01012-M MABREY BANK, Defendant. MEMORANDUM OPINION Bankruptcy trustees are given certain strong-arm powers under the Bankruptcy Code to collect non-exempt property of a debtor’s estate for distribution to unsecured creditors. Those powers are limited by creditors’ encumbrances properly placed on the property and perfected under state law prior to the bankruptcy…
2Cases cited9 opinions
- In the Matter of Pubs, Inc. Of Champaign, Bankrupt. Appeal of Bank of Illinois in Champaign, ReclamationCourt of Appeals for the Seventh Circuit · 1980
- Morton Booth Co. v. Tiara Furniture, Inc.Supreme Court of Oklahoma · 1977
- Kinetics Technology International Corporation, a Delaware Corporation v. The Fourth National Bank of Tulsa, a National Banking AssociationCourt of Appeals for the Fourth Circuit · 1983
- In Re James Estil Atchison, Sr. & Ruth Atchison, Debtors. Merchants Bank v. James Estil Atchison, Sr. And Ruth AtchisonCourt of Appeals for the Eleventh Circuit · 1987
- Whatley v. Guaranty Bank & Trust CompanyCourt of Appeals for the Fifth Circuit · 1989
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