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PEOPLES NATIONALS BANK, N.A. v. JONES

Bankruptcy No. 10-41897. Adversary No. 11-04050.

482 B.R. 257 (2012)

PEOPLES NATIONALS BANK, N.A., Plaintiff-Appellee, v. Cort JONES, Lisa Jones, Defendant-Appellees, Banterra Bank, Defendant-Appellant.

United States District Court, S.D. Illinois.

August 27, 2012.

Attorney(s) appearing for the Case

Bentley J. Bender, Terrell L. Sharp, Sharp Law Firm P.C., Mount Vernon, IL, for Plaintiff-Appellee.

Michael E. Reed, Law Office of Michael E. Reed, Centralia, IL, for Defendant-Appellees.

James L. Van Winkle, Van Winkle & Van Winkle, McLeansboro, IL, for Defendant-Appellant.

OPINION

HERNDON, Chief Judge.

I. Introduction and Procedural Background

Banterra Bank ("Banterra") appeals both the bankruptcy court's opinion denying its motion for summary judgment and granting Peoples National Bank, N.A.'s motion for summary judgment and the order and judgment reflecting the same. Based on the following, the Court reverses the bankruptcy court's opinion and order and judgment and remands this...

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