Legal Opinion
Klingner v. Pocono International Raceway, Inc.
Superior Court of Pennsylvania
Decided June 19, 1981No. 2826PublishedCited by 29 opinions
1Opinion of the Court
WICKERSHAM, Judge:
The theoretical propriety of an Article Nine security interest in ticket proceeds is a question of first impression in this Commonwealth, and has received little judicial attention anywhere. Despite the scarcity of cases on the subject, the issue is of major importance to the financing of businesses in the Commonwealth which derive revenues from ticket sales, including theatres, stadiums, concert halls, museums, racetracks, ticket agencies, and possibly airlines and transportation companies.
This appeal seeks resolution of the competing claims of First Pennsylvania Bank N.A.…
2Cases cited7 opinions
- Texas Oil & Gas Corporation v. The United States of America, the Pecos County State BankCourt of Appeals for the Fifth Circuit · 1972
- In the Matter of Bristol Associates, Inc., Debtor. Appeal of Girard Trust BankCourt of Appeals for the Third Circuit · 1974
- McGlathery's EstateSupreme Court of Pennsylvania · 1933
- Sparrow v. Airport Parking Co. of AmericaSuperior Court of Pennsylvania · 1972
- The Paramount Finance Company v. United StatesCourt of Appeals for the Sixth Circuit · 1967
2 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Westmoreland Human Opportunities, Inc. v. James R. Walsh, Trustee of the Bankruptcy Estate of Life Service Systems, Inc. Life Service Systems, IncCourt of Appeals for the Third Circuit · 2001
- Kearney Hotel Partners v. Richardson (In Re Kearney Hotel Partners)United States Bankruptcy Court, S.D. New York · 1988
- Transworld Airlines, Inc. v. American Coupon Exchange, Inc.Court of Appeals for the Ninth Circuit · 1990
- World Wide Tracers, Inc. v. Metropolitan Protection, Inc.Supreme Court of Minnesota · 1986
- Lease-A-Fleet, Inc. v. University Cadillac, Inc. (In Re Lease-A-Fleet, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1993
24 more not listed; retrieve them via the Exa API.