Legal Opinion
Fleet Factors Corp. v. Bandolene Industries Corp.
New York Court of Appeals
Decided October 31, 1995PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
Bellacosa, J.
Neither Uniform Commercial Code § 9-402 (7) nor Uniform Commercial Code § 1-203, under the circumstances of this case, requires a secured party to refile a properly and accurately filed financing statement, upon the subsequent event of a name change by the debtor. Nor does either section require a special notation of an impending name change by the debtor on the initially filed financing statement, even if known by the filing creditor.
Cambria Fuel Oil Co. (Old Cambria), on November 1, 1988, sold its business to 306 Fuel Oil Corp., retaining a security interest…
2Cases cited11 opinions
- Putnam Rolling Ladder Co. v. Manufacturers Hanover Trust Co.New York Court of Appeals · 1989
- MTR. CHASE MANHATTAN v. StateNew York Court of Appeals · 1976
- Continental Oil Co. v. Citizens Trust & Savings BankMichigan Supreme Court · 1976
- SOS Oil Corp. v. Norstar Bank of Long IslandNew York Court of Appeals · 1990
- Beneficial Finance Co. of New York, Inc. v. Kurland Cadillac-Oldsmobile, Inc.Appellate Division of the Supreme Court of the State of New York · 1969
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3Cited by2 opinions
- Budsberg v. Premier Credit Co. (In Re Kincaid)United States Bankruptcy Court, W.D. Washington · 1998
- In Re Bennett Funding Group, Inc.United States Bankruptcy Court, N.D. New York · 1996