C Tek Software, Inc. v. New York State Business Venture Partnership (In Re C Tek Software, Inc.)

MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge.

Debtor, C Tek Software, Inc., initiated an adversary proceeding against certain creditors to determine the validity, extent, or priority of certain liens. In an earlier opinion, I decided that New York State Business Venture Partnership (“NYSBVP”) had a perfected security interest in the computer software ClienTrak. See In re C Tek Software, Inc., 117 B.R. 762 (Bankr.D.N.H.1990). However, I left for a further trial the question of “the extent of the security interest NYSBVP has in the source code in light of the enhancements made after the…