United States Sixth Circuit

UCC Article 4 gives bank a fully-secured interest on debtor's deposit accounts under 11 USC 547(b) so that it would receive the same amount in a Chapter 7 bankruptcy as when it exercises its Article 4 collection rights.

Appellate Information

• Argued 10/24/2000
• Decided 01/17/2001
• Published 01/17/2001

Judges

• Before: DAUGHTREY and CLAY, Circuit Judges;  RUSSELL, District Judge.

Court

• United States Sixth Circuit

Counsel

• For Appellant:
  
• Toni C. Parker (argued and briefed), Harris, Shelton, Dunlap, Cobb & Ryder, Memphis, TN, for Appellant., William L. Norton, III (briefed), Boult, Cummings, Conners & Berry, Nashville, TN, for Amicus Curiae.


• For Appellees:
  
• Thomas H. Fulton (briefed), James E. Bailey, III (briefed), Fred M. Acuff, Jr. (argued and briefed), Humphreys, Dunlap, Wellford, Acuff & Stanton, Memphis, TN, for Appellee.