In Re Alithochrome Corporation (A New York Corporation), Debtor. Trans Union Leasing Corporation v. Alithochrome Corporation (A New York Corporation)

Trans Union Leasing Corporation (“Trans Union”) brought this adversary proceeding in the Bankruptcy Court for the Southern District of New York, seeking to establish that it had perfected security interests in two printing presses owned by Alithochrome Corporation (“Alitho-chrome”). Trans Union had loaned Alitho-chrome the money with which it purchased the presses, and in return had taken purchase money security interests in them. The presses were installed at the plant of General Offset Printing Co., a wholly-owned subsidiary of Alithochrome, located in Springfield, Massachusetts.

After a…