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Legal Opinion

Midlantic National Bank v. Sourlis

District Court, D. New Jersey

Decided June 25, 1992No. Civ. A. 91-1527 (JCL), 91-1528 (JCL)PublishedCited by 20 opinions

1Opinion of the Court

OPINION

LIFLAND, District Judge.

Midlantic National Bank (“Midlantic”) appeals from three orders of the United States Bankruptcy Court for the District of New Jersey. This Court has jurisdiction pursuant to 28 U.S.C. § 158(a). For the reasons that follow, the court holds that Midlantic has a perfected security interest in rents which it may enforce in bankruptcy-

FACTS AND PROCEDURAL HISTORY

The facts are undisputed. On June 14, 1988 Theodore and Elaine Sourlis (“the debtors”) executed a note in favor of Mid-lantic in the sum of $1,800,000. The note was secured by a mortgage encumbering thirteen…

2Cases cited28 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  3. In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989
  4. Freedman's Saving & Trust Co. v. ShepherdSupreme Court of the United States · 1888
  5. Wolters Village, Ltd. v. Village Properties, Ltd.Court of Appeals for the Fifth Circuit · 1984

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3Cited by20 opinions

  1. Indian Motocycle Associates III Ltd. Partnership v. Massachusetts Housing Finance AgencyCourt of Appeals for the First Circuit · 1995
  2. In Re Jason Realty, L.P., Debtor. First Fidelity Bank, N.A. v. Jason Realty, L.P., Jason Realty, L.P. v. First Fidelity Bank, N.ACourt of Appeals for the First Circuit · 1995
  3. In Re Mount Pleasant Ltd. PartnershipUnited States Bankruptcy Court, W.D. Michigan · 1992
  4. Union Meeting Partners v. Lincoln National Life Insurance (In Re Union Meeting Partners)United States Bankruptcy Court, E.D. Pennsylvania · 1994
  5. In Re MoccoUnited States Bankruptcy Court, D. New Jersey · 1995

15 more not listed; retrieve them via the Exa API.

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