Hastings State Bank v. Stalnaker (In Re EDM Corp.)
United States Bankruptcy Appellate Panel for the Eighth Circuit
1Opinion of the Court
FEDERMAN, Bankruptcy Judge.
Hastings State Bank appeals from the Order of the Bankruptcy Court 1 declaring that its lien against the Debtor’s assets was not properly perfected due to the manner in which Hastings State Bank listed the debtor’s name on its financing statement filed with the Nebraska Secretary of State. For reasons that follow, we AFFIRM.
General Background
Debtor EDM Corporation is a Nebraska corporation which sold and leased emergency vehicles. It was incorporated in 1991, and its official name of record at the Nebraska Secretary of State’s office is “EDM Corporation.” The Debtor…
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