IN RE SHAMS

Bankruptcy No. 84-02256-BKC-TCB, Adv. No. 85-0891-BKC-TCB-A.

54 B.R. 61 (1985)

In re Kiumars E. and Jane S. SHAMS, Debtor(s). Douglass E. WENDEL, Trustee, Plaintiff, v. FLORIDA NATIONAL BANK f/k/a Lighthouse National Bank, Defendant.

United States Bankruptcy Court, S.D. Florida.

September 18, 1985.


Attorney(s) appearing for the Case

Leslie Gern Cloyd, Ackerman, Bakst, Gundlach, Lauer and Zwickel, P.A., W. Palm Beach, Fla., for plaintiff.

Michael N. Jonas, Cohen, Scherer and Cohn, P.A., N. Palm Beach, Fla., for defendant.


MEMORANDUM DECISION

THOMAS C. BRITTON, Bankruptcy Judge.

The plaintiff trustee seeks a determination of the validity, priority and amount of the defendant bank's lien. The facts are not in dispute. The question presented at the trial held on July 16 is whether the description of collateral in the recorded UCC Financing Statement is adequate.

The collateral is the debtor's interest in a land trust agreement. It is undisputed that this interest is...

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