IN RE HALLS TRADING POST, INC.

Bankruptcy No. 3-81-00176, Adv. No. 3-81-0541.

15 B.R. 781 (1981)

In re HALLS TRADING POST, INC. dba Halls Furniture Mart, Debtor. Leon STEINBERG, Trustee, Plaintiff, v. CRESWELL & CO., INC., also dba Cresco Finance Co., Defendant.

United States Bankruptcy Court, E.D. Tennessee.

December 4, 1981.


Attorney(s) appearing for the Case

Leon Steinberg, Trustee, pro se.

R. Louis Crossley, Jr., Knoxville, Tenn., for defendant Creswell & Co.


MEMORANDUM

CLIVE W. BARE, Bankruptcy Judge.

At issue in this adversary proceeding instituted by a trustee in bankruptcy is whether the defendant holds a perfected security interest in goods (inventory) sold to the debtor by the defendant. When the goods were delivered to the debtor, the debtor or the debtor's agent signed an "invoice" or "delivery ticket" containing a retention of title clause. The defendant asserts a valid security interest was created...

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