In Recent Florida Case, BIOCOB Loses To Equipment Financer

LexisNexis (July 6, 2017, 2:45 PM EDT) -- A buyer in ordinary course of business takes free from a perfected security interest only if it was created by "the buyer's seller."  UCC 9-320(a).  This is the reverse of the shelter rule that one can't transfer better title than one has. ...