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Home / Opinion Digests / Bankruptcy – Security Interest – Furniture Store Inventory (access required)

Bankruptcy – Security Interest – Furniture Store Inventory (access required)

Affirming a bankruptcy court, a Richmond U.S. District Court says appellant has a security interest in debtor furniture store’s inventory appellant provided in a September 2007 consignment and security agreement. The controversy arises from a September 2007 agreement for appellant D.M. Reid to conduct a 90-day sales promotional event for debtor. As part of this arrangement, ...

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