Legal Opinion
USBI Co. v. Otha C. Jean & Associates, Inc. (In Re Otha C. Jean & Associates, Inc.)
United States Bankruptcy Court, E.D. Tennessee
Decided February 18, 1993No. Bankruptcy No. 90-13797, Adv. No. 91-1612PublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM
RALPH H. KELLEY, Chief Judge.
This adversary proceeding has become a dispute between USBI on one side and the two banks on the other side. USBI hired the debtor, Jean & Associates, as a subcontractor. After filing bankruptcy, Jean & Associates billed USBI about $99,000 for work done under the contracts. USBI asserts a claim against Jean & Associates for about $476,000 in overpayments under earlier contracts. USBI argues that it can set off the $99,000 it owes to Jean & Associates against the $476,000 that Jean & Associates owes to it.
The banks share a perfected security interest in…
2Cases cited16 opinions
- Berner v. CaldwellSupreme Court of Alabama · 1989
- Lawson State Community College v. First Continental Leasing Corp.Supreme Court of Alabama · 1988
- Patton v. McHoneCourt of Appeals of Tennessee · 1991
- MTR. CHASE MANHATTAN v. StateNew York Court of Appeals · 1976
- Prudential Ins. Co. of America v. NelsonCourt of Appeals for the Sixth Circuit · 1939
11 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In Re Davidson Lumber Sales, Inc., Debtor. Zions First National Bank, N.A. v. Christiansen Brothers, Inc., and Jacobsen-Robbins ConstructionCourt of Appeals for the First Circuit · 1995
- U.S. Aeroteam, Inc. v. Delphi Automotive Systems, LLC (In Re U.S. Aeroteam, Inc.)United States Bankruptcy Court, S.D. Ohio · 2005
- In Re Nuclear Imaging Systems, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 2000
- In Re New Haven Foundry, Inc.United States Bankruptcy Court, E.D. Michigan · 2002
- Maine Farmers Exchange, Inc. v. Farm Credit of Maine, A.C.A.Supreme Judicial Court of Maine · 2002
12 more not listed; retrieve them via the Exa API.