In the Matter of Pubs, Inc. Of Champaign, Bankrupt. Appeal of Bank of Illinois in Champaign, Reclamation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• under Article 9, a lessee may have rights in collateral and encumber a lessor's chattel when lessor has expressly or implicitly authorized creation of the security interest
• “[Section] 9-203(2) expressly equates the concept of attachment with that of enforceability against the debtor.”
• under Article 9, a lessee may have rights in collateral and encumber a lessor’s chattel when lessor has expressly or implicitly authorized creation of the security interest
• “the debtor may clearly have sufficient ‘rights’ for purposes of § 9-203 if the true owner of the collateral has agreed to the debtor’s use of the collateral as security or if the true owner has become estopped to deny the creation or existence of the security interest.”

Source: CourtListener parenthetical corpus (CC0).