Legal Opinion

Sullivan v. American State Bank (In Re Wey)

District Court, C.D. Illinois

Decided November 3, 1986No. 85-3484PublishedCited by 3 opinions

1Opinion of the Court

OPINION ORDER

MILLS, District Judge:

Bankruptcy appeal.

A question of priorities.

Creditor bank prevails.

This matter comes before the District Court upon an interlocutory appeal pursuant to Bankruptcy Rule 8001(b) by the Bank of Carlock from an order of the Bankruptcy Court denying it secured status. The facts are not in dispute; only the posture of Illinois law is at issue.

On June 15, 1984, the Circuit Court of McLean County, Illinois, entered a judgment by confession “with award of execution” in favor of the Bank of Carlock and against the Debtor, Dan Wey, for a sum due under a cognovit. 1 The…

2Cases cited16 opinions

  1. Brauer MacHine & Supply Co. Ex Rel. Bituminous Casualty Corp. v. Parkhill Truck Co.Illinois Supreme Court · 1943
  2. In re Marriage of LeopandoIllinois Supreme Court · 1983
  3. Lowell Peterson v. Kenneth E. Lindner, Secretary of the Department of Administration, State of WisconsinCourt of Appeals for the Seventh Circuit · 1985
  4. United States v. Richard B. HuntCourt of Appeals for the Tenth Circuit · 1975
  5. Coble v. Chicago Health Club, Inc.Appellate Court of Illinois · 1977

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

3Cited by3 opinions

  1. United States v. SloanCourt of Appeals for the Seventh Circuit · 2007
  2. In the Matter of Dan L. Wey, Debtor. Appeal of Robert L. Sullivan, TrusteeCourt of Appeals for the Seventh Circuit · 1987
  3. United States v. Sloan, KeithCourt of Appeals for the Seventh Circuit · 2007

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