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§ 552(a)

Watchmen Sec. LLC, In re

Ruling
Debtor may not sell or otherwise transfer, prior to petition date, accounts receivable that do not come into existence until after the petition date as they are property of the bankruptcy estate. (Bankr. S.D. Ind.)
Issue(s)
Postpetition Effect of Security Interest; Property Acquired Postpetition Not Subject to Prepetition Lien.

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Commercial opinion summary, case decided on November 20, 2024 , LexisNexis #0225-022

Las Martas, Inc. (Vaquería Las Martas), In re

Ruling
Creditor’s perfected pre-petition security agreement did not extend to proceeds, products, or profits of the debtor cow owner’s milk quota. (Bankr. D.P.R.)
Issue(s)
Post-petition Effect of Security Interest; Property Acquired Post-petition Not Subject to Pre-petition Lien.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on February 15, 2023 , LexisNexis #0423-065

Wagabaza, In re--Wagabaza v. Beveridge

Ruling
Court ruled that a junior trust deed may not impose a lien on real property reacquired bydebtor after the bankruptcy petition date. (Bankr. C.D. Cal.)
Issue(s)
Postpetition Effect of Security Interest; Property Acquired Postpetition Not Subject to Prepetition Lien

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Consumer opinion summary, case decided on February 09, 2018 , LexisNexis #0318-077

In re Cantu

Ruling
Conversion to chapter 7 did not invalidate prior entry of settlement order.
Procedural posture

Before the court for consideration was a Motion to Clarify Order Approving Compromise and Settlement Agreement filed by debtors, and the Chapter 7 Trustee's Motion for Turnover. A bank (creditor) objected to both motions.

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Consumer opinion summary, case decided on January 18, 2011 , LexisNexis #0211-060

Spectrum Scan LLC v. Valley Bank & Trust Co. (In re Tracy Broad. Corp.)

Ruling
Bank's security interest in general intangibles did not extend to proceeds of sale of debtor's FCC license.
Procedural posture

Plaintiffs, a judgment creditor and the chapter 11 trustee, and defendant bank filed cross-motions for summary judgment in an adversary proceeding, seeking a determination of the extent of the bank's security interest.

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Commercial opinion summary, case decided on October 19, 2010 , LexisNexis #1110-097