Legal Opinion

In re James Wilson Associates

Court of Appeals for the Seventh Circuit

Decided May 22, 1992No. Nos. 91-1443, 91-3039, 91-3040, 91-3565 and 91-3726PublishedCited by 4 opinions

1Opinion of the Court

POSNER, Circuit Judge.

We have consolidated five (!) appeals by Metropolitan Life Insurance Company from adverse orders in a bankruptcy proceeding in which Metropolitan is the principal creditor. The debtor, James Wilson Associates (JWA), is a limited partnership that built and operates an office building in Madison, Wisconsin, and that in 1973 .had borrowed $3.9 million from Metropolitan, secured by a first mortgage, with an assignment of rents as additional collateral. Later it borrowed more money, against a second mortgage (and assignment of rents) now held by First Nationwide Bank. The…

2Cases cited59 opinions

  1. Connecticut National Bank v. GermainSupreme Court of the United States · 1992
  2. United States v. James C. DunkelCourt of Appeals for the Seventh Circuit · 1991
  3. Dewsnup v. TimmSupreme Court of the United States · 1992
  4. Armstrong v. United StatesSupreme Court of the United States · 1960
  5. Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935

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3Cited by4 opinions

  1. Alfredia Edwards as Independent Administrator of the Estate of Nathaniel Edwards v. Officer John DoeDistrict Court, N.D. Illinois · 2022
  2. In Re: Melissa Martin v. Freedom Mortgage CorporationUnited States Bankruptcy Court, M.D. Pennsylvania · 2026
  3. Internal Revenue Service v. WallaceDistrict Court, C.D. Illinois · 2023
  4. Yost v. CarrollDistrict Court, N.D. Illinois · 2022

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