Legal Opinion
The Paramount Finance Company v. United States
Court of Appeals for the Sixth Circuit
Decided June 28, 1967No. 17005_1PublishedCited by 32 opinions
1Opinion of the Court
NEESE, District Judge.
S. & C. Tavern, Inc. 1 procured a loan from the plaintiff 2 and applied the proceeds to the purchase of a tavern business in Cleveland, Ohio. The taxpayer made its promissory note to the lender, securing the repayment of the loan with a security agreement 3 and financing statement. The lender perfected its security interest in the collateral given by the taxpayer by filings in the respective offices of the recorder of Cuyahoga County, Ohio and the Ohio secretary of state on August 15, 1962.
Within two years therefrom the taxpayer was in default on the loan and deficient…
2Cases cited3 opinions
- Haelan Laboratories, Inc. v. Topps Chewing Gum, Inc.Court of Appeals for the Second Circuit · 1953
- Nelson v. NaranjoNew Mexico Supreme Court · 1964
- Samuel W. Barr v. United States of America and Arthur W. MossCourt of Appeals for the Sixth Circuit · 1964
3Cited by32 opinions
- Rushmore State Bank v. Kurylas, Inc.South Dakota Supreme Court · 1988
- Thomas C. Bogus, Trustee in the Matter of Jacob Rosenblum, Bankrupt v. The American National Bank of Cheyenne, WyomingCourt of Appeals for the Tenth Circuit · 1968
- 21 West Lancaster Corp. v. Main Line Restaurant, Inc.Court of Appeals for the Third Circuit · 1986
- Klingner v. Pocono International Raceway, Inc.Superior Court of Pennsylvania · 1981
- Matto's, Inc. v. Olde Colonie Place (In Re Matto's, Inc.)United States Bankruptcy Court, E.D. Michigan · 1981
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