The bank's property filed financing statements prefected its security interest in all of the debtors' livestock, including offspring of leased sows, and the perfected security interest was superior to American Leasing's interest in the animals.
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Opinions
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Lien priority dispute regarding leased livestock. Discussion of U.C.C. and Effective Financing Statements.
Reported at 276 B.R. 227. Contains an extensive discussion of the classification of debtor's guns for exemption purposes under the Nebraska statutory exemptions for household goods vis-a-vis immediate personal possessions.
Debtor failed to pay, or provide timely adequate assurance of payment, for post-petition utility services, so the provider of cable television and telephone services was within its rights under 11 U.S.C. section 366 to terminate the debtor's service