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Aidex Corporation, BK79-O-111, Ch. X1

Action to determine rights of parties to funds.  Court held that security agreements do not attach to new funds generated by debtor-in-possession pursuant to a post-petition contract unless parties agree.  Funds should be retained by debtor-in-possession

Date: 
Tuesday, December 2, 1980
Judge: 
Judge Timothy J. Mahoney (Retired)