Williams v. Weems (In Re Ken Gardner Ford Sales, Inc.)

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

The plaintiffs sued American National Bank and the bankruptcy trustee for Ken Gardner Ford Sales to recover damages for conversion. The plaintiffs alleged that they had a security interest in car parts and used cars owned by a Ford dealership in South Carolina, that the parts and used cars were transferred to the debtor, Ken Gardner Ford Sales, that the plaintiffs’ security interest continued and was perfected at the time of the debtor’s bankruptcy, and that the trustee abandoned the collateral to another secured creditor, American National Bank,…