United States Bankruptcy Court, W.D. Virginia November 9, 1981, 19-70024 (Litton Industries Credit Corp. v. Dunn Bros., Inc. (In Re Dunn Bros., Inc.))

MEMORANDUM OPINION AND ORDER

H. CLYDE PEARSON, Bankruptcy Judge.

The issues in these adversary proceedings are whether an Equipment Lease Agree

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ment (Lease) between the parties is a true lease or a lease intended as a security agreement, and if the Lease is a lease intended as a security agreement, whether the lessor’s security interest is properly perfected.