Bankruptcy No. 78-1200-BK-JLK-W, Adv. No. 1.

4 B.R. 224 (1980)

In the Matter of James Gardiner UNGER, Bankrupt. Herbert S. FREEHLING, Trustee, Plaintiff, v. MERCHANTS NATIONAL BANK AND TRUST COMPANY, Defendant.

United States Bankruptcy Court, S.D. Florida.

May 8, 1980.

Attorney(s) appearing for the Case

Theodore P. Sobo, Fort Lauderdale, Fla., attorney for defendant.

Raymond B. Ray, Fort Lauderdale, Fla., attorney for plaintiff.


SIDNEY M. WEAVER, Bankruptcy Judge.

The action pending before this Court arises from the differing methods, under Indiana and Florida law, of perfecting security interest in motorboats. The issue raised is purely legal, as the parties have stipulated to the facts; whether a creditor who perfects a security interest in a boat in the State of Indiana, but fails to perfect his interest in same in the State of Florida...

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