In re S & J Holding Corp.
United States Bankruptcy Court for the Southern District of Florida
42 B.R. 249 (1984)

- Written by Douglas Halasz, JD
Facts
S & J Holding Corporation (S & J) (debtor) was in the business of operating video games. S & J entered into a security agreement with A.M. June, Inc. (creditor) in which S & J gave A.M. June a security interest in, among other things, certain video-game machines and vending machines. A.M. June filed a financing statement that listed the video-game machines and vending machines as collateral and checked the box indicating that “products of collateral” were covered. S & J filed for bankruptcy. During bankruptcy proceedings, A.M. June moved for relief from stay or for adequate protection regarding the cash revenues generated by the video-game machines and vending machines.
Rule of Law
Issue
Holding and Reasoning (Gassen, J.)
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