Jeana K. Reinbold, Chapter 7 Trustee of the Estate of 180 Equipment, LLC v. First Midwest Bank
Whether the decision of the Seventh Circuit Court of Appeals, that a secured creditor need not give any public notice of the collateral securing its security interest, both misinterprets provisions of the Uniform Commercial Code contrary to the interpretation of another circuit court, and unreasonably departs from the appropriate course for federal court interpretation of state law.
Whether the decision of the Seventh Circuit Court of Appeals, that a secured creditor need not give any public notice of the collateral securing its security interest, both misinterprets provisions of the Uniform Commercial Code contrary to the interpretation of another circuit court, and unreasonably departs from the appropriate course for federal court interpretation of state law