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MATTER OF CENTENNIAL INDUSTRIES, INC.

Bankruptcy No. 78 B 1658.

3 B.R. 416 (1980)

In the Matter of CENTENNIAL INDUSTRIES, INC., d/b/a Biddle Purchasing Company, R.K. Carter & Co., Kanowitz, Farese & Co., Cam International, Harben Company, Gotham Druggists' Supply, Auto Parts & Gear, Jabros Auto Parts & Warehouse, and Atlantic Can Co., Debtors. MAREMONT MARKETING, INC., Plaintiff, v. CENTENNIAL INDUSTRIES, INC., et al., Defendants.

United States Bankruptcy Court, S.D. New York.

February 26, 1980.

MEMORANDUM AND ORDER

JOHN J. GALGAY, Bankruptcy Judge.

In the instant action, the plaintiff, Maremont Marketing, Inc., ("Maremont") seeks an order establishing the validity of its security interest in certain collateral consisting of inventory supplied by the plaintiff to the defendant-debtor, Centennial Industries, Inc., ("Centennial"). The order sought would require vacating an automatic stay imposed by Bankruptcy...

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