Legal Opinion
Singer Products Co. v. First American Bank of New York (In Re Singer Products Co.)
United States Bankruptcy Court, E.D. New York
Decided August 8, 1989No. 8-19-70951PublishedCited by 5 opinions
1Opinion of the Court
DECISION
MARVIN A. HOLLAND, Bankruptcy Judge:
For many years prior to the filing of this case on August 27, 1986, Singer and Chemical Bank enjoyed a healthy banking relationship. Chemical was both depository bank and lender to Singer and as of the filing date Singer was indebted to Chemical in excess of $3,000,000, including contingent liabilities. These obligations were secured by, inter alia, all of Singer’s present and future personal property, including accounts receivable, inventory, contract rights, documents, instrument, general intangibles and proceeds.
On or about March 11, 1986 Singer…
2Cases cited84 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Helvering v. Le GierseSupreme Court of the United States · 1941
- In Re Craig Oil Company, Debtor. Marathon Oil Company v. William M. Flatau, TrusteeCourt of Appeals for the Eleventh Circuit · 1986
- Old Colony Trust Co. v. City of OmahaSupreme Court of the United States · 1913
- Wjm, Inc., Etc. v. Massachusetts Department of Public WelfareCourt of Appeals for the First Circuit · 1988
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3Cited by5 opinions
- Marine Midland Bank v. Breeden (In Re Bennett Funding Group, Inc.)District Court, N.D. New York · 2000
- Tolz v. Signal Capital Corp. (In Re Mastercraft Graphics, Inc.)United States Bankruptcy Court, S.D. Florida. · 1993
- In Re Atlantic Computer Systems Inc.United States Bankruptcy Court, S.D. New York · 1992
- HH(US) Inc. v. Ferroligas (In re HH(US) Inc.)District Court, W.D. Pennsylvania · 1994
- Jeffrey Lew Liddle, et al.United States Bankruptcy Court, S.D. New York · 2019