Mooney v. University System

JAMES R. EYLER, Judge.

Chesapeake Cable, LLC (“Chesapeake”) borrowed money from Kevin Mooney and Teresa Mooney, appellants. To secure the repayment of the loan, Chesapeake granted a security interest in all of its personal property, including receivables, to appellants. The University System of Maryland, appellee, had a contractual relationship with Chesapeake, pursuant to which Chesapeake provided cable services in exchange for payment. Chesapeake defaulted on the loan and, according to appellants, notified appellee of the default and appellants’ security interest in accounts receivable.…