In Re Together Development Corp.

DECISION

JAMES F. QUEENAN, Bankruptcy Judge.

This ease presents the question of the proper method of perfecting a security interest in trademarks. The subject involves a trap for the unwary.

By previous order, the court authorized Together Development Corporation (the “Debtor”) to sell substantially all its assets, including its trademark “Together Dating Service”, free of the security interest of Horace Trimarchi (“Trimarchi”). The order attached the security interest to the sales proceeds. The order also set down an evi-dentiary hearing so the court could adjudicate the validity and perfection…