Security Interest Perfected on the Filing Date Remains Valid if It Lapses Later
The addition of Section 362(b)(3) is held not to affect the ‘freeze rule’ with regard to lapsing security interests.
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Case Details
Judge Name
Case Citation
Firstrust Bank v. Industrial Bank (In re Essex Construction), 17-00156 (Bankr. D. Md. Sept. 25, 2018)
Case Name
In re Essex Construction
Case Type
Business