Martin v. Landers (In Re Butcher)
United States Bankruptcy Court, E.D. Tennessee
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
CLIVE W. BARE, Bankruptcy Judge.
At issue is whether a quarter horse stallion, originally purchased primarily for the purpose of selling syndicated shares of ownership in the horse and subsequently used for the purpose of providing breeding services for a fee, constitutes either a “farm product” or “equipment used in farming operations” within the meaning of Article Nine of the Uniform Commercial Code. Trial was held March 6, 1984.
I
An involuntary chapter 7 case was commenced against the debtor on June 24, 1983. The order for relief was entered July 15,…
2Cases cited14 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- White Motor Corporation, Debtor and Debtor in Possession v. Citibank, N.A. And the Other Bank Creditors Listed on Exhibit 1Court of Appeals for the Sixth Circuit · 1983
- Otero Mills, Inc. v. Security Bank & Trust (In Re Otero Mills, Inc.)District Court, D. New Mexico · 1982
- In Re Brentano's, Inc.United States Bankruptcy Court, S.D. New York · 1983
- Crown Central Petroleum Corp. v. Wechter (In Re General Oil Distributors, Inc.)United States Bankruptcy Court, E.D. New York · 1982
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- Anderson v. Hercules, Inc. (In re Creel)District Court, E.D. South Carolina · 1988