In re Together Development Corporation
United States Bankruptcy Court for the District of Massachusetts
227 B.R. 439 (1998)
Together Development Corporation (TDC) owned a trademark in Together Dating Service. Horace Trimarchi was a shareholder of TDC, who sold his shares in exchange for a promissory note for $200,000. The promissory note was secured by the trademark. The trademark was registered with the United States Patent Office. Trimarchi filed a financing statement with the Patent Office, rather than with the secretary of state. During the term of the promissory note, TDC filed for bankruptcy. TDC asserted that Trimarchi’s security interest was unperfected and claimed to have a superior interest, as a debtor in possession under Chapter 11 of the Bankruptcy Code. TDC filed a motion to sell its assets, including the trademark. An evidentiary hearing was then held to determine whether Trimarchi’s security interest was perfected.
Rule of Law
Holding and Reasoning (Queenan, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 177,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,000 briefs, keyed to 188 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.