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TMMB FUNDING CORP. v. ASSOCIATED FOOD STORES, INC.

136 A.D.2d 540 (1988)

TMMB Funding Corp., Respondent, v. Associated Food Stores, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, Second Department.

January 11, 1988

Ordered that the order is affirmed, with costs.

On June 24, 1983, the defendant entered into a security agreement with "The Kohn's Supermarket, Inc." (hereinafter the debtor) in which the defendant agreed to supply inventory to the debtor. Pursuant to the agreement, the defendant's interest was secured by collateral represented by the debtor's inventory, fixtures, equipment and leasehold. In connection with this agreement...

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