LAWSON STATE COMMUNITY COLLEGE v. FIRST CONTINENTAL LEASING CORP.

86-583.

529 So.2d 926 (1988)

LAWSON STATE COMMUNITY COLLEGE v. FIRST CONTINENTAL LEASING CORPORATION, et al.

Supreme Court of Alabama.

June 24, 1988.


Attorney(s) appearing for the Case

Daniel J. Burnick of Sirote, Permutt, McDermott, Slepian, Friend, Friedman, Held & Apolinsky, Birmingham, for appellant.

Linda A. Friedman and Michael J. Brandt of Bradley, Arant, Rose & White, Birmingham, for appellees First Continental Leasing Corp. and Christopher Capital Corp.

Dennis G. Pantazis of Gordon, Silberman, Wiggins & Childs, Birmingham, for appellee First Westside Bank.


HOUSTON, Justice.

This case arises from an equipment leasing transaction and presents important questions concerning the interpretation and application of Article 9 of the Uniform Commercial Code as it applies to chattel paper and accounts receivable financing.

In late 1983, Lawson State Community College and Energy Recovery for Industry and Commerce, Inc., began negotiating the sale of a heating, ventilating, and...

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