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MATTER OF TRANSYSTEMS, INC.

No. 76-2524.

569 F.2d 1364 (1978)

In the Matter of TRANSYSTEMS, INC., Bankrupt. FRUEHAUF CORPORATION, Appellant, v. Phillip REVITZ, Trustee in Bankruptcy, Transystems, Inc., Bankrupt, Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied April 25, 1978.

Attorney(s) appearing for the Case

John L. Zavertnik, Bayard E. Heath, Miami, Fla., for appellant.

R. Benjamine Reid, Carl H. Hoffman, Miami, Fla., for appellee.

Before COLEMAN and FAY, Circuit Judges, and KING, District Judge.

JAMES LAWRENCE KING, District Judge:

On this appeal, appellant Fruehauf challenges the District Court's determination that the funds advanced to a corporation prior to the time of its bankruptcy were a contribution to capital of the bankrupt corporation rather than a loan. In addition appellant challenges the district court's conclusion as to the creation of a security interest in the collateral underlying that advance....

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