Long v. Joe Romania Chevrolet, Inc. (In Re Loken)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
MEYERS, Bankruptcy Judge:
I
A car dealer perfected its security interest in a motor vehicle twelve days after the security interest became effective between the parties. The bankruptcy trustee brought an action to avoid the security interest pursuant to Bankruptcy Code (“Code”) Section 547. Oregon law contains a twenty day grace period for perfection of such interests. The bankruptcy court ruled that the Oregon law was made applicable through Section 547(e)(1)(B). The trial court found the transfer of the security interest would be deemed perfected on the same date the interest was…
2Cases cited15 opinions
- Barnhill v. JohnsonSupreme Court of the United States · 1992
- McKenzie v. Irving Trust Co.Supreme Court of the United States · 1945
- Great Western Saving Bank v. Orvco, Inc. (In Re Orvco, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1989
- Miller v. Schuman (In Re Schuman)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1987
- Jahn v. First Tennessee Bank of Chattanooga (In Re Burnette)United States Bankruptcy Court, E.D. Tennessee · 1981
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3Cited by25 opinions
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- Wood v. Bright (In Re Bright)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1999
- Appeal of Mann v. Bankruptcy Estate of Badger Lines, Inc.Wisconsin Supreme Court · 1999
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