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DOMINION BANK, N.A. v. WILSON

No. 88-3577.

867 F.2d 203 (1989)

DOMINION BANK, N.A., Plaintiff-Appellee, v. David S. WILSON, Defendant-Appellant.

United States Court of Appeals, Fourth Circuit.

Decided February 8, 1989.

Attorney(s) appearing for the Case

John Granville Douglass (Wright, Robinson, McCammon, Osthimer & Tatum, Richmond, Va., on brief), for defendant-appellant.

Phillip Dandridge Payne, IV (James F. Douthat, Woods, Rogers & Hazlegrove, Roanoke, Va., on brief), for appellee.

Before WINTER, Chief Judge, ERVIN, Circuit Judge, and HAYNSWORTH, Senior Circuit Judge.

HARRISON L. WINTER, Chief Judge:

The question for decision is whether Dominion Bank, N.A. (Bank) obtained a security interest under a Uniform Commercial Code (UCC) security agreement in the debtor's option to purchase real estate that the debtor had exercised before entering into the security agreement. The bankruptcy court held that the Bank did not, but its ruling was reversed by the district court, 86 B.R. 871. The debtor appeals...

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