Legal Opinion

PA Record Outlet, Inc. v. Mellon Bank, N.A.

Court of Appeals for the Third Circuit

Decided January 26, 1990No. 89-3466PublishedCited by 2 opinions

1Opinion of the Court

OPINION OF THE COURT

BECKER, Circuit Judge.

Defendant-appellee Mellon Bank, N.A. possessed a perfected security interest in the inventory of Sounds Distributing Service, Inc. When Sounds changed its name to PA Record Outlet, Inc., Mellon filed an amendment to the financing statement. This appeal presents the question whether Mellon’s amendment constituted a “new” financing statement for purposes of section 9-402(7) of the Uniform Commercial Code (U.C.C.), 13 Pa.Cons.Stat.Ann. § 9402(g), which requires a “new” financing statement to be filed upon the change of name, in order to retain its…

2Cases cited6 opinions

  1. In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989
  2. Owens-Illinois, Inc. v. DanfieldSupreme Court of the United States · 1988
  3. In Re Asbestos Litigation. Appeal of Raymark Industries, Inc. In No. 86-5236. In Re Asbestos Litigation. Danfield v. Johns-Manville Sales Corp., Etc., Appeal of Owens-Illinois, Inc., Keene Corporation, Pittsburgh-Corning Corporation, the Celotex Corporation, Armstrong Cork Company, Eagle-Picher Industries, Inc., Owens-Corning Fiberglas Corporation, and Fibreboard Corporation, in No. 86-5237. In Re Asbestos Litigation. John W. Gregory and Zelda F. Gregory, His Wife, Zelda F. Gregory, Administratrix and Administratrix Ad Prosequendum of the Estate of John W. Gregory, Deceased Zelda F. Gregory, Individually and Brian Gregory, a Minor by His Natural Parent and Guardian Zelda F. Gregory v. General Motors Corporation, Joseph Doe, Tom Doe, Harry Doe, Robert Doe, Ken Doe, Daniel Doe, Larry Doe, Edward Doe, Sam Doe, Jack Doe, Fred Doe, Vince Doe. Appeal of General Motors Corporation, in No. 86-5370Court of Appeals for the Third Circuit · 1987
  4. In the Matter of H. L. Bennett Co., Bankrupt. Appeal of First Pennsylvania Bank, N.ACourt of Appeals for the First Circuit · 1978
  5. Steinberg v. American National Bank & Trust Co. of Chicago (In Re Meyer-Midway, Inc.)United States Bankruptcy Court, N.D. Illinois · 1986

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3Cited by2 opinions

  1. Duesterhaus Fertilizer, Inc. v. Capital Crossing Bank (In re Duesterhaus Fertilizer, Inc.)United States Bankruptcy Court, C.D. Illinois · 2006
  2. Official Committee of Unsecured Creditors v. Bank of New Hampshire, N.A. (In Re Metrobility Optical Systems, Inc.)United States Bankruptcy Court, D. New Hampshire · 2002

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