IN RE HANSON DREDGING, INC.

Bankruptcy No. 80-00559-BKC-JAG, Adv. No. 80-0155-BKC-JAG-A.

6 B.R. 230 (1980)

In re HANSON DREDGING, INC., Debtor. WESTINGHOUSE CREDIT CORP., Plaintiff, v. HANSON DREDGING, INC., Defendant.

United States Bankruptcy Court, S.D. Florida.

September 23, 1980.


Attorney(s) appearing for the Case

James E. Foster, c/o Fishback, Davis, Dominick & Bennett, Orlando, Fla., for plaintiff.

Hector Lombana, c/o Schwitalla & Lombana, Coral Gables, Fla., for debtor.


FINDINGS AND CONCLUSIONS

JOSEPH A. GASSEN, Bankruptcy Judge.

This cause came on for hearing on Westinghouse Credit Corporation's complaint for relief from stay and its motion for adequate protection.

The subject of the complaint and motion is a 40 ton Northwest Model 41 dragline, situated on the banks of the Tombigee River near Aliceville, Alabama. Westinghouse obtained a security interest in the dragline under a Security Agreement dated November...

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