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[Music] case briefs and so much more LS status got what youre looking for in 2004 the United States district court for the District of Colorado heard the case expeditors international of Washington Inc V liquidating trust enri Schwinn cycling and fitness Inc which centered around the concept of having a perfected security interest in goods and any proceeds from those goods during a bankruptcy case Shipping Company expeditors International appealed to Bankruptcy Court ruling stating their security interest in goods and proceeds was not indefinitely perfect after the debtor in question filed for bankruptcy in this case the contract between expeditors and the debtor granted the shipping company a general lien and security interest in all of the debtors property under their control following the debtors bankruptcy filing expeditors handed over some of the debtors goods which were then sold the issue at stake was whether or not expeditors still maintained a perfected security interest in
