Legal Opinion
Johnstone v. Mills (In Re Columbia Pacific Mortgage, Inc.)
United States Bankruptcy Court, W.D. Washington
Decided February 22, 1982No. 13-16949PublishedCited by 13 opinions
1Opinion of the Court
SAMUEL J. STEINER, Bankruptcy Judge.
FACTS & NATURE OF ACTION
The debtor, Columbia Pacific Mortgage (CPM), a private mortgage lender in Rich-land, Washington, had lines of credit with several banks, including the defendant, First National Bank of Oregon (FNB). When CPM originated a loan, it drew on its line of credit for the funds with which to make the loan, received a promissory note secured by a deed of trust on realty from the borrower, and then assigned and delivered the note and deed of trust to the line bank as security for the line of credit.
In May of 1979, Backus, a contractor in the…
2Cases cited7 opinions
- In Re Staff Mortgage & Investment CorporationCourt of Appeals for the Ninth Circuit · 1980
- Bamberger v. GeiserOregon Supreme Court · 1893
- Baxter v. Redevco, Inc.Oregon Supreme Court · 1977
- Assets Realization Co. v. . ClarkNew York Court of Appeals · 1912
- Tilton v. BolandOregon Supreme Court · 1934
2 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- I.A. Durbin, Inc. v. Jefferson National Bank (In Re I.A. Durbin, Inc.)United States Bankruptcy Court, S.D. Florida. · 1985
- Northern Acres, Inc. v. Hillman State Bank (In Re Northern Acres, Inc.)United States Bankruptcy Court, E.D. Michigan · 1985
- Borock v. NBD Dearborn Bank, N.A. (In re D.J. Maltese, Inc.)District Court, E.D. Michigan · 1984
- Nazar v. Southern (In Re Southern)United States Bankruptcy Court, D. Kansas · 1983
- Sandoz Pharmaceuticals Corp. v. Blinn Wholesale Drug Co. (In Re Blinn Wholesale Drug Co.)United States Bankruptcy Court, E.D. New York · 1994
8 more not listed; retrieve them via the Exa API.