1. Home
  2. Browse Decisions
  3. B.R.
  4. 9 B.R.
  5. 9 B.R. 891 (1981)
 

IN RE RESNICK

Bankruptcy No. 80-0003-G, Adv. No. 4-80-0009.

9 B.R. 891 (1981)

In re Oscar RESNICK, Janice Resnick, Debtors. WORCESTER COUNTY NATIONAL BANK, Plaintiff, v. Oscar RESNICK, Janice Resnick, Defendants.

United States Bankruptcy Court, D. Massachusetts.

March 25, 1981.

Attorney(s) appearing for the Case

Carl Aframe, Worcester, Mass., for plaintiff.

Steven Kressler, Worcester, Mass., for defendants.

MEMORANDUM AND ORDER ON COMPLAINT TO VACATE STAY

PAUL W. GLENNON, Bankruptcy Judge.

This case revolves around the question of whether a certain clause in a second mortgage agreement is effective in bringing within its ambit subsequent loans made to the debtor. This type of clause is commonly known as a "dragnet" clause, and its effect is much like that of after-acquired property or future advance clauses in UCC transactions in that it subjects certain loans...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases