Maine National Bank v. Morse (In Re Morse)

How courts have described this case

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

• section 544(a)(3) does not give the trustee “any greater rights than ... any other person would have as a bona fide purchaser under state law”
• “[a] purchaser or creditor who searched the records would have discovered an obvious incon sistency ... [a]t that point, one could not ignore this inconsistency in the hopes of avoiding that which further inquiry would reveal”
• personal knowledge of trustee irrelevant
• discharge of mortgage followed by foreclosure

Source: CourtListener parenthetical corpus (CC0).