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AM. PLATING & MFG. CO. v. LIBERTY NAT. BANK & TRUST

No. BK 78-00288 L.

468 F.Supp. 103 (1979)

In the Matter of AMERICAN PLATING & MANUFACTURING COMPANY, Michael J. Clare, Trustee, Appellant, v. LIBERTY NATIONAL BANK AND TRUST COMPANY, Appellee.

United States District Court, W. D. Kentucky, Louisville Division.

January 29, 1979.

Attorney(s) appearing for the Case

Joseph J. Golden, Louisville, Ky., for American Plating.

Michael J. Clare, Louisville, Ky., for trustee.

David T. Stosberg, Louisville, Ky., for Liberty National Bank.

MEMORANDUM OPINION

ALLEN, Chief Judge.

This appeal from the bankruptcy order entered April 26, 1978 raises the question of the sufficiency of a security agreement-financing statement executed on August 25, 1977.

The security agreement executed by the bankrupt to the appellee bank, Liberty National Bank and Trust Company is as follows:

"All present and future accounts receivable, inventory, equipment, contract rights and chattel paper, whether...

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