Legal Opinion
Clark Equipment Credit Corp. v. Kane (In Re Kane)
United States Bankruptcy Court, M.D. Pennsylvania
Decided March 3, 1983No. Bankruptcy No. 5-82-00074, Adv. No. 5-82-0171PublishedCited by 33 opinions
1Opinion of the Court
OPINION
THOMAS C. GIBBONS, Bankruptcy Judge:
The creditor, Clark Equipment Credit Corporation (Clark), has commenced suit for a modification of the automatic stay imposed by 11 U.S.C. § 362(a) in order to foreclose its security interest in one of the debtors’ business machines. For the reasons stated herein, we deny the relief requested.
FINDINGS OF FACT
1. The debtors, Lynn F. Kane and Kenn Anne Kane, petitioned for relief under Chapter 11 of the Bankruptcy Code on February 2, 1982.
2. Clark holds a perfected security interest in a log skidder owned by the debtors.
3. The value of the log skidder…
2Cases cited12 opinions
- First Connecticut Small Business Investment Co. v. RuarkUnited States Bankruptcy Court, D. Connecticut · 1980
- Arthur v. UnkartSupreme Court of the United States · 1878
- Delaware Valley Savings & Loan Ass'n v. Curtis (In Re Curtis)United States Bankruptcy Court, E.D. Pennsylvania · 1981
- Franklin Corp. v. Riviera Inn of Wallingford, Inc. (In Re Riviera Inn of Wallingford, Inc.)United States Bankruptcy Court, D. Connecticut · 1980
- Gauvin v. Wagner (In Re Gauvin)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
7 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- In Re CurtisUnited States Bankruptcy Court, D. Utah · 1984
- In Re Elmira Litho, Inc.United States Bankruptcy Court, S.D. New York · 1994
- In Re CromptonUnited States Bankruptcy Court, E.D. Pennsylvania · 1987
- In Re Stranahan Gear Company, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1986
- Franklin Computer Corp. v. Harry Strauss & Sons, Inc. (In Re Franklin Computer Corp.)United States Bankruptcy Court, E.D. Pennsylvania · 1985
28 more not listed; retrieve them via the Exa API.