Introducing ATLASLearn more
Legal Opinion

Northern Acres, Inc. v. Hillman State Bank (In Re Northern Acres, Inc.)

United States Bankruptcy Court, E.D. Michigan

Decided August 26, 1985No. 19-30465PublishedCited by 12 opinions

1Opinion of the Court

MEMORANDUM OPINION REGARDING PLAINTIFF’S AND DEFENDANT’S MOTIONS FOR SUMMARY JUDGMENT

ARTHUR J. SPECTOR, Bankruptcy Judge.

This opinion addresses the claim of Hill-man State Bank in the dual contexts of a motion filed by the bank for relief from the stay and this adversary proceeding by the debtor in possession to avoid the bank’s security interest.

I. FACTS

Northern Acres, Inc. (the debtor) is an investment company engaged in the business of buying and selling real estate. At various times the debtor borrowed operating capital from Hillman State Bank. As security for these loans the debtor…

2Cases cited16 opinions

  1. Freeborn v. Seattle Trust & Savings BankWashington Supreme Court · 1980
  2. New Amsterdam Casualty Co. v. SokolowskiMichigan Supreme Court · 1965
  3. California Mortgage Service v. Yukon Enterprises, Inc. (In Re Yukon Enterprises, Inc.)United States Bankruptcy Court, C.D. California · 1984
  4. I.A. Durbin, Inc. v. Jefferson National Bank (In Re I.A. Durbin, Inc.)United States Bankruptcy Court, S.D. Florida. · 1985
  5. In Re Maryville Savings & Loan Corporation, Debtor. Peoples Bank of Polk County v. John E. McDonald TrusteeCourt of Appeals for the Sixth Circuit · 1984

11 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. Continental Air Lines, Inc. v. Hillblom (In Re Continental Air Lines, Inc.)District Court, S.D. Texas · 1986
  2. In Re OberliesUnited States Bankruptcy Court, E.D. Michigan · 1988
  3. Official Unsecured Creditors' Committee v. Northern Trust Co. (In Re Ellingsen MacLean Oil Co.)United States Bankruptcy Court, W.D. Michigan · 1989
  4. Caro Area Services for the Handicapped v. Michigan Department of Transportation (In Re Caro Area Services for the Handicapped)United States Bankruptcy Court, E.D. Michigan · 1985
  5. Lennington v. Graham (In Re Graham)District Court, S.D. Indiana · 1990

7 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

View API DocsGet API Key

Powered by the Exa API