IN RE DILLARD FORD, INC.

No. 90-8880.

940 F.2d 1507 (1991)

In re DILLARD FORD, INC., Debtor. William E. WOODRUM, Trustee, Plaintiff-Appellee, v. FORD MOTOR CREDIT CO., Defendant-Appellant.

United States Court of Appeals, Eleventh Circuit.

September 9, 1991.


Attorney(s) appearing for the Case

M. Tyus Butler, Jr., Savannah, Ga., for defendant-appellant.

W. Stell Huie, Long, Aldridge and Norman, Atlanta, Ga., for amicus curiae Ga. Bankers Ass'n.

C. James McCallar, Jr., McCallar and Associates, Savannah, Ga., for plaintiff-appellee.

William E. Woodrum, Jr., Millen, Ga., trustee, for Dillard Ford, Inc.

Before JOHNSON, Circuit Judge, and DYER and MORGAN, Senior Circuit Judges.


JOHNSON, Circuit Judge:

This bankruptcy adversary proceeding arises on direct appeal from the district court's affirmance of the bankruptcy court's finding that Ford Credit failed to properly perfect its security interest and that it violated the bankruptcy setoff rules. 118 B.R. 898.

I. STATEMENT OF THE CASE

A. Background Facts

In January of 1980, the debtor...

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