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IN RE AUTO-TRAIN CORP.

Bankruptcy No. 80-00391, Adv. No. 80-0097.

9 B.R. 159 (1981)

In re AUTO-TRAIN CORPORATION, a Florida Corporation. Murray DRABKIN, Trustee of Auto-Train Corporation, Plaintiff, v. A.I. CREDIT CORPORATION, 70 Pine Street, New York, New York 10005, Defendant.

United States Bankruptcy Court, District of Columbia.

February 13, 1981.

Attorney(s) appearing for the Case

Murray Drabkin, Barry J. Dichter, Webster & Sheffield, Charles A. Docter, Docter, Docter & Salus, Washington, D.C., for plaintiff Auto-Train, as trustee.

Terence B. Quinn, Diane E. Ambler, Calvin H. Cobb, Jr., Steptoe & Johnson, Washington, D.C., for defendant A.I. Credit Corp.

MEMORANDUM OPINION

FINDINGS OF FACT AND CONCLUSIONS OF LAW

(Trustee's Complaint to Void Security Interest)

ROGER M. WHELAN, Bankruptcy Judge.

This adversary proceeding, instituted by the Trustee of Auto-Train against A.I. Credit Corporation, hereinafter referred to as AICCO, a New York premium finance company, challenges the validity of AICCO's asserted security interest in unearned insurance premiums under eleven commercial insurance...

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