Tri Leasing Corp. v. Fulton Textiles, Inc. (In Re Fulton Textiles, Inc.)

ORDER

W. HOMER DRAKE, Jr., Bankruptcy Judge.

This matter is before, the Court on the motion of Tri-Leasing Corp. (hereinafter referred to as “Tri-Leasing”). to lift the automatic stay or alternatively to require Fulton Textiles, Inc. (hereinafter “Debtor”) to assume or reject its equipment lease, filed on February 16, 1990. This Court held a hearing on the motion on March 27, 1990, at which it requested that the parties submit briefs on the issue of whether the agreement in question was a true lease or a security agreement. Having considered the post-hearing briefs and supplemental briefs filed…