Schaaf & Johnson, Inc. v. Crabtree Construction Co. (In Re Crabtree Construction Co.)

MEMORANDUM DECISION

THOMAS C. BRITTON, Chief Judge.

The plaintiff creditor seeks a determination of the validity, priority and extent of its lien against property of the chapter 11 debtor. The matter was tried on May 10.

The facts are stipulated in Joint Exhibit A. The question of law is whether plaintiff is exempt under Fla.Stat. § 679.302(l)(e) from filing a financing statement in order to perfect its security interest against the debtor’s accounts receivable identified in the complaint.

Four of the debtor’s accounts receivable were identified as collateral in a security agreement dated…