First City Bank v. Webb Co. (In Re Softalk Publishing Co.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
MEYERS, Bankruptcy Judge:
I
This appeal raises a question of first impression under the California Commercial Code — whether a misidentified description of collateral in a financing statement is sufficient to perfect a lien. The trial court found that the security interest of First City Bank (“First City”) was not perfected because its financing statement did not contain any description of the collateral. However, a description of the proceeds was contained in the financing statement. First City contends that this description of “proceeds” should be substituted for the missing description of…
2Cases cited11 opinions
- In the Matter of William Guy Munger, Bankrupt. Ernest J. Pombo v. Jack A. Ulrich, TrusteeCourt of Appeals for the Ninth Circuit · 1974
- Thomas v. GoughCourt of Appeals for the Ninth Circuit · 1972
- In the Matter of Gary J. Borba, Debtor. Frank L. Lang, Jr., as Trustee of the Estate of Gary J. Borba v. Michael S. And Cynthia D. GrahamCourt of Appeals for the Ninth Circuit · 1984
- Georgia-Pacific Corp. v. Lumber Products Co.Supreme Court of Oklahoma · 1979
- First National Bank of St. Charles v. Chemical Products, Inc.Missouri Court of Appeals · 1982
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re Softalk Publishing Co., Inc., Debtor. The Webb Company, a Minnesota Corporation v. First City BankCourt of Appeals for the First Circuit · 1988
- In Re KampsUnited States Bankruptcy Court, C.D. California · 1998
- Sanyo Electric, Inc. v. Taxel (In Re World Financial Services Center, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1987
- In Re CarlosUnited States Bankruptcy Court, C.D. California · 1997
- In Re MintzUnited States Bankruptcy Court, D. Massachusetts · 1996
6 more not listed; retrieve them via the Exa API.