(Download) "In re Perry" by United States Court of Appeals for the Ninth Circuit # Book PDF Kindle ePub Free

eBook details

Title: In re Perry
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 02, 1973
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 46 KB

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DUNIWAY, Circuit Judge: On Petition for Rehearing California contends that its claimed lien falls within the second proviso of Â§ 67(c)(1) (B) (11 U.S.C. Â§ 107(c) (1) (B)). We conclude that it does not. It was not valid against judgment creditors at the date of bankruptcy. In re Century Vault Co., 3 Cir., 1969, 416 F.2d 1035, 1038 n. 10. State law does not require seizure to ""perfect"" the lien; rather, seizure is to enforce the lien. In re J. R. Nieves & Co., 1 Cir., 1971, 446 F.2d 188, 194. The proof of secured claim filed by the Board is not the equivalent of the notice contemplated by the proviso.