Legal Opinion
In the Matter of Crosstown Motors, Inc., Bankrupt. Commercial Credit Corporation, a Corporation v. C. Wylie Allen, Trustee
Court of Appeals for the Seventh Circuit
Decided December 29, 1959No. 12610PublishedCited by 12 opinions
1Opinion of the Court
PARKINSON, Circuit Judge.
Crosstown Motors, Inc. (Crosstown) was adjudicated a bankrupt in August, 1957 on an involuntary petition following an assignment for the benefit of its creditors made on July 22, 1957. Prior thereto it was a Ford dealer in Chicago.
In October, 1955 Crosstown entered into a “floor plan” financing agreement with petitioner-appellant, Commercial Credit Corporation (Commercial). Commercial complied with all the requirements of the Illinois Trust Receipts Act and Commercial and Crosstown continued to operate under their financing agreement until July 20, 1957 when…
2Cases cited7 opinions
- Moore v. BaySupreme Court of the United States · 1931
- Inter-State Water Co. v. City of DanvilleIllinois Supreme Court · 1942
- In Re V-I-D, Inc. Kelley, Glover & Vale, Inc. v. KramerCourt of Appeals for the Seventh Circuit · 1952
- Universal Credit Co. v. Citizens State BankIndiana Supreme Court · 1945
- In Re Harpeth Motors, Inc.District Court, M.D. Tennessee · 1955
2 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- In the Matter of Telemart Enterprises, Inc., Bankrupt. Alfred M. Lewis, Inc. v. Lawrence Holzman, TrusteeCourt of Appeals for the Ninth Circuit · 1975
- In Re Anchorage International Inn, Inc.Court of Appeals for the Ninth Circuit · 1983
- In Re CrossUnited States Bankruptcy Court, N.D. Indiana · 2000
- In the Matter of Stanley David Leslie. Max Sobel Wholesale Liquors, Creditors-Appellants v. M. Nolden, Trustee-AppelleeCourt of Appeals for the Ninth Circuit · 1975
- Farris v. StateAlabama Court of Appeals · 1960
7 more not listed; retrieve them via the Exa API.