You are here

Judge Thomas L. Saladino

Rick D. Lange, Chap. 7 Trustee v. Wells Fargo Bank (In re Kenneth & Dawn Proctor), Ch. 7, BK09-42748-TLS, A09-4072-TLS

A lender's lien was avoided as a preference. The defense of a substantially contemporaneous exchange for new value was inapplicable because the delay in perfecting the lien appeared to be caused by the lender. Subrogation & earmarking did not apply.

Richard D. Myers, Chap. 7 Trustee v. American Exchange Bank (In re Alvo Grain and Feed, Inc.), Ch. 7, BK08-80876-TLS, A08-8029-TLS

A factual issue existed as to whether Article 9 U.C.C. financing statements were "seriously misleading" when it was unclear whether a records search using debtor's legal name in the filing office's search logic would find the financing statement.

Rick D. Lange, Chap. 7 Trustee v. Home Fed. Sav. Bank (In re Beatrice Biodiesel, LLC), Ch. 7, BK08-41927-TLS, A09-4009-TLS

Instruments of encumbrance signed by an officer of the debtor rather than an officer of the debtor's sole member and manager were valid under the LLC Act and could not be avoided by the trustee. The officer was authorized by each entity to act on its beha

Pages

Subscribe to RSS - Judge Thomas L. Saladino