Question: Fact Pattern : The Bank had a perfected security interest in the inventory of the Epstein Bookstore, which owed the bank $20k. On March 1,
Fact Pattern: The Bank had a perfected security interest in the inventory of the Epstein Bookstore, which owed the bank $20k. On March 1, the inventory was worth $8k. On May 28, when Epstein filed for bankruptcy, the inventory was worth $20k because the store had purchased several new shipments for cash in the interim.
Revised 1: How much money can the bank recover? How much money can the trustee recover?
Question: How much money can the bank get?
Answer: I think $8,000, but not sure.
Question: How much money can the trustee get?
Answer: I am not sure?
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