Greeman Motor, Inc. v. United New Mexico Bank (In Re Greeman Motors, Inc.)

MEMORANDUM OPINION

STEWART ROSE, Bankruptcy Judge.

The issue in this adversary proceeding is whether the Chapter 11 debtor-in-possession, Greeman Motors, Inc., can avoid a lien held by United New Mexico Bank at Mim-bres Valley (the Bank) on the debtor’s personal property. The debtor contends that the security interest was not properly perfected, and can be avoided under the strong arm clause, 11 U.S.C. § 544. The debtor was represented by Stephen Curtis of Melton and Puccini, P.A.; the Bank by Gail Gottlieb of Sutin, Thayer and Browne.

The parties stipulated to most of the relevant facts. On…