ITT Commercial Finance Corp. v. Bank of the West

MEMORANDUM OPINION AND ORDER

FURGESON, District Judge.

In this Texas Uniform Commercial Code (“UCC”) case, the ultimate question is whether a first creditor’s failure to correctly hyphenate a debtor’s corporate name defeats the creditor’s priority position in relation to a later-filed financing statement by another creditor. The correct name of the debtor is Compu-Centro, USA, Inc. The first creditor, Bank of the West (“BOW”), filed its financing statement on the corporation under the name “Compu-centro, USA, Inc.,” omitting the hyphen. The second creditor, ITT Commercial Finance Corp. (“ITT”),…