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U. S., ETC. v. NEWTON LAKE ESTATES, INC.

Civ. No. 78-108.

489 F.Supp. 432 (1979)

UNITED STATES of America on Behalf of its Agency the SMALL BUSINESS ADMINISTRATION v. NEWTON LAKE ESTATES, INC.

United States District Court, M. D. Pennsylvania.

December 7, 1979.

Attorney(s) appearing for the Case

James W. Walker, Asst. U. S. Atty., Scranton, Pa., for plaintiff.

James Zipay, Eynon, Pa., for defendant.

MEMORANDUM AND ORDER

NEALON, Chief Judge.

Defendant, Newton Lake Estates, Inc. (Newton), purchased certain machinery and equipment at a Lackawanna County Sheriff's sale which was held pursuant to a writ of execution obtained by Dreisbach Specialties, Inc. (Dreisbach) against Healy Shopwell, Inc. (Healy). The issue before the court is whether the Sheriff's sale divested the government's security interest in the property sold. The court concludes that the...

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