Experts Corner
MICHAEL L. WEISSMAN is of counsel to the Chicago law firm of Levin & Ginsburg and formerly served as Executive Vice President and General Counsel of Bridgeview Bank Group. His practice is devoted to financial and business transactions including the structuring of a wide variety of financing transactions. Mike has also actively prosecuted civil and bankruptcy matters on behalf of financial institutions and defended them in lender liability lawsuits. More...
PAUL HODNEFIELD is Associate General Counsel for Corporation Service Company (CSC). Mr. Hodnefield is an attorney licensed to practice in Minnesota and member of the ABA and Minnesota Bar Association. Prior to joining CSC, he was President of US Corporate Services, a national UCC service provider. More...
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March 2010
An Equipment Lease and Other Documents Did Not Create a Security Interest Because of Absence of Grant Language

An equipment lessor sought to exercise its rights in In re Rowe, by moving to vacate the automatic stay that arose when the lessee filed a petition for relief in bankruptcy. The court denied the motion with respect to a motor vehicle and granted it as to an item of equipment (a Ditchwitch).

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Recent Articles
3/1/2010 - An Equipment Lease and Other Documents Did Not Create a Security Interest Because of Absence of Grant Language
2/1/2010 - Constructive Possession Insufficient to Perfect Security Interest in License
1/12/2010 - Debtor's Control of Inventory Triggered PMSI Notice Deadline
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