IN RE AEG ACQUISITION CORP.

Bankruptcy No. LA 89-16455 SB, Adv. No. LA 90-0893 SB.

127 B.R. 34 (1991)

In re AEG ACQUISITION CORPORATION, Debtor. OFFICIAL UNSECURED CREDITORS' COMMITTEE, Plaintiff, v. ZENITH PRODUCTIONS, LTD., et al., Defendant.

United States Bankruptcy Court, C.D. California.

May 8, 1991.


Attorney(s) appearing for the Case

Brent Whittlesey, Jones, Day, Reavis & Pogue, Los Angeles, Cal., for debtor.

Lawrence Peitzman, Morrison & Foerster, Los Angeles, Cal.

Daniel J. Bussel, O'Melveny & Myers, Los Angeles, Cal.

Jeffrey P. Meyers, Keck, Mahin & Cate, Los Angeles, Cal., for Zenith Productions, Ltd.


AMENDED OPINION ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

SAMUEL L. BUFFORD, Bankruptcy Judge.

I. INTRODUCTION

This preference and fraudulent conveyance action presents the issue of whether the contract between the parties, relating to distribution rights in three motion picture films, is an option contract or a conditional sales contract. If it is a conditional sales contract, the Court must determine whether the creditor has duly perfected its security...

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