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P. S. PRODUCTS CORP. v. EQUILEASE CORPORATION

No. 95, Docket 34890.

435 F.2d 781 (1970)

In the Matter of P. S. PRODUCTS CORP., Bankrupt, v. EQUILEASE CORPORATION, Appellant.

United States Court of Appeals, Second Circuit.

Decided November 24, 1970.

Attorney(s) appearing for the Case

Jack Fineberg, New York City (Leibowitz & Platzer, New York City, of counsel), for appellant.

Matthew Feinberg, Hempstead, N. Y. (Jacob M. Goldman, and Seymour J. Silberberg, Mineola, N. Y., of counsel), for bankrupt-appellee.

Before MOORE, SMITH and ANDERSON, Circuit Judges.

MOORE, Circuit Judge:

The appellant Equilease Corporation (Equilease) was the secured creditor with respect to certain machinery and equipment owned by P. S. Products Corporation, the bankrupt. The Trustee claims that Equilease's security interest was not properly perfected and that therefore Equilease is not entitled to reclaim the property in question, which is now in the possession of the Trustee. The Referee upheld the Trustee and the District Court affirmed his...

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