Baker v. Mortg. Elec. Registration Sys. (In re King)
Aug
20
2008
Ruling
Untimely recorded mortgage properly avoided as preferential.
Procedural posture
Appellee Bankruptcy trustee brought an adversary proceeding against appellant mortgagees seeking to avoid a mortgage granted by bankruptcy debtors, which was not timely perfected, as a preferential transfer under 11 U.S.C.S. § 547(b). The mortgagees appealed the order of the United States Bankruptcy Court for the Eastern District of Kentucky which granted summary judgment to the trustee.
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Court
:
Judge or Jurisdiction information not available