Lyon v. Ty-Wood Corporation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• court “must examine the business activities, the objectives and the relationship of the parties to ascertain [their] intent and on that basis determine whether the transactions in question legally constitute an absolute assignment or a security interest”
• assignments were absolute, in payment of preexisting debt, and not for security

Source: CourtListener parenthetical corpus (CC0).