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PA RECORD OUTLET, INC. v. MELLON BANK, N.A.

No. 89-3466.

894 F.2d 631 (1990)

PA RECORD OUTLET, INC., Appellant, v. MELLON BANK, N.A.

United States Court of Appeals, Third Circuit.

Decided January 26, 1990.

Attorney(s) appearing for the Case

David W. Lampl, Mark S. Seewald, Sable, Makaroff & Libenson, Pittsburgh, Pa., for appellant.

J. Michael McCague, Mazzotta, McCague & Associates, P.C., Pittsburgh, Pa., for appellee.

Before BECKER and SLOVITER, Circuit Judges, and LIFLAND, District Judge.

Submitted under Third Circuit Rule 12(6) November 28, 1989.

OPINION OF THE COURT

BECKER, Circuit Judge.

Defendant-appellee Mellon Bank, N.A. possessed a perfected security interest in the inventory of Sounds Distributing Service, Inc. When Sounds changed its name to PA Record Outlet, Inc., Mellon filed an amendment to the financing statement. This appeal presents the question whether Mellon's amendment constituted a "new" financing statement for...

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