Legal Opinion
In Re First City Mortgage Co.
United States Bankruptcy Court, N.D. Texas
Decided January 28, 1987No. 19-40444PublishedCited by 4 opinions
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
HAROLD C. ABRAMSON, Bankruptcy Judge.
On September 4, 1985, First City Mortgage Company (“FCMC”) filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. Thereafter, FCMC has operated as a business and managed its assets as a Debtor in Possession. FCMC is in the business of servicing, originating, and warehousing mortgages.
In late 1981, FCMC and RepublicBank Dallas executed a document titled “Collateral Assignment of Mortgage Servicing Income Rights and Other Contract Rights” (the “Assignment Document”). The mortgage…
2Cases cited12 opinions
- Wolters Village, Ltd. v. Village Properties, Ltd.Court of Appeals for the Fifth Circuit · 1984
- Taylor v. BrennanTexas Supreme Court · 1981
- Ronald J. Sommers v. International Business MacHines and West Publishing Company, DefendantsCourt of Appeals for the Fifth Circuit · 1981
- Castle Rock Industrial Bank v. S.O.A.W. Enterprises, Inc. (In Re S.O.A.W. Enterprises, Inc.)United States Bankruptcy Court, W.D. Texas · 1983
- Moser & Son v. Charles E. Tucker & Co.Texas Supreme Court · 1894
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3Cited by4 opinions
- In Re Placid Oil Co.United States Bankruptcy Court, N.D. Texas · 1988
- In Re Placid Oil Co.United States Bankruptcy Court, N.D. Texas · 1987
- Klein Glass & Mirror, Inc. v. Tempglass Southern, Inc. (In Re Tempglass Southern, Inc.)United States Bankruptcy Court, S.D. Texas · 1992
- Schaaf & Johnson, Inc. v. Crabtree Construction Co. (In Re Crabtree Construction Co.)United States Bankruptcy Court, S.D. Florida. · 1988