Flexisystems, Inc. v. American Standards Testing Bureau, Inc.

Opinion by

Judge NEY.

Defendants, American Standards Testing Bureau, Inc., and Robert Clay & Associates, Inc., appeal the judgment entered in favor of plaintiffs, Flexisystems, Inc., and Robert E. Clay. We affirm and remand with instructions.

Defendants purchased a business and associated personalty from plaintiffs by making a down payment, executing a promissory note for the balance, and . giving plaintiffs a security interest in the property purchased. When defendants defaulted on their payment obligations, plaintiffs brought an action to replevy the secured property. Plaintiffs subsequently…