Moore v. Regions Bank (In re Moore)
Jun
10
2011
Ruling
"Roll over" of funds remaining from debtor's prior potato crop to pay for new crop offered no adequate protection for holder of security interest.
Procedural posture
On consideration before the court was a complaint filed by plaintiff debtors to determine the validity of a lien held by defendant creditor. An answer and affirmative defenses was filed by the creditor and a trial was conducted on the merits.
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Court
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