Download The End of Notice - Secrets & Liens in Commercial Finance by Lipson PDF

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433, 437-38 (Bankr. D. Vt. 1984) (citing South Shore Bank v. 2d 896, 897 (3d Cir. 1983)), Article 9 has nevertheless been used as a gap filler. See id. at 436-37 (applying buyer in ordinary course rules of F. § 9-307 to sale of federally-titled civilian aircraft); see also Pers. Jet, Inc. v. 2d 562 (5th Cir. 1980) (applying Former Article 9 to fill void in Federal Aviation Act). C. § 11301(a) (1994). See Drabkin v. Cont’l Ill. Bank & Trust Co. R. 207 (Bankr. D. C. 1981). An especially important category of collateral here will be copyright, and perhaps other types of intellectual property.

132 124 Baird and Jackson, Uncertainty, supra note 19, at p. 312. 125 45 Cong. Rec. 2275 (1910). R. Rep. No. 61-511, at 6-7 (1910). S. 344 (1906). 128 Id. at 352. The Court reasoned in York Mfg that because the bankruptcy trustee “stands simply in the shoes of the bankrupt . . ” Id. Having no greater rights in the machinery that was conditionally assigned to the “unperfected” seller in that case, the trustee was unable to recover the property for the benefit of the debtor’s other creditors. Id.

National Bank of Detroit, 145 Mich. App. C. Rep. Serv. R. C. Rep. Serv. 2d 421 (Bankr. D. Mass. 1996); Morris Plan Co. v. C. Rep. Serv. 1112 (Mo. Ct. App. 1980); Valley Nat’l Bank v. C. Rep. Serv. 2d 735 (Ariz. Ct. App. ) 168 Rev. § 9-104(a). com/expresso/eps/314 ExpressO Preprint Series The End of Notice Page 35 of 74 knowledge about the kinds of property in which a security interest may be perfected by control. 171 The “community” of banks and brokers knows or assumes that debtors’ deposit and brokerage accounts are likely to be encumbered, so they could not possibly rely to their detriment on a “clean” lien search.

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