Legal Opinion
In Re SANTOS & NIEVES, INC., and Frigorifico Economias, Inc., Debtors. Appeal of Rafael OCASIO
Court of Appeals for the First Circuit
Decided March 25, 1987No. 86-1190PublishedCited by 16 opinions
1Per curiam
The dispute in this case arose in the context of certain commercial transactions between United Beef Packers (UBP), a meat wholesaler, and Santos & Nieves, Inc. (S & N), a food retailer. During 1980, S & N executed two bearer mortgage notes in order to collateralize monies owed by its affiliate to UBP for goods previously purchased on credit. 1 The two notes in question are described as follows: a) a mortgage note payable to the bearer on demand in the amount of $75,000, executed by S & N on March 7,1980, secured by a mortgage described in the body of the note and created by Deed No. 43; and…
2Cases cited2 opinions
- Carina Mercury, Inc. v. Enrique Igaravides, TrusteeCourt of Appeals for the First Circuit · 1965
- In the Matter of Supermercados San Juan, Inc., Bankrupt. Appeal of Pueblo Wholesale Co., Inc.Court of Appeals for the First Circuit · 1978
3Cited by16 opinions
- In Re RiosUnited States Bankruptcy Court, D. Puerto Rico · 2009
- Miranda v. Garrido Pagan (Garrido Jimenez)Bankruptcy Appellate Panel of the First Circuit · 2007
- Wiscovitch-Rentas v. Banco Popular De Puerto Rico (In re Rivera)Bankruptcy Appellate Panel of the First Circuit · 2019
- Federal Deposit Insurance Corporation, Cross-Plaintiff v. Shearson-American Express, Inc., Cross-Defendants, Banco Cooperativo De Puerto Rico, Intervenor, Federal Deposit Insurance Corporation, Cross-Plaintiff v. Shearson-American Express, Inc., Cross-Defendants, Prudential Bache Securities, Inc., IntervenorCourt of Appeals for the First Circuit · 1993
- Hoyos Precsas v. Banco De Ponce (In Re Hoyos Precsas)United States Bankruptcy Court, D. Puerto Rico · 1987
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