Wisconsin Code § 407.602

Attachment of goods covered by negotiable document of title
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Unless a document of title was originally
issued upon delivery of the goods by a person that did not have
power to dispose of them, a lien does not attach by virtue of any
judicial process to goods in the possession of a bailee for which a
negotiable document of title is outstanding unless possession or
control of the document is first surrendered to the bailee or the
document’s negotiation is enjoined. The bailee may not be compelled to deliver the goods pursuant to process until possession or
control of the document is surrendered to the bailee or to the
court. A purchaser of the document for value without notice of
the process or injunction takes free of the lien imposed by judicial
process.

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