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MATTER OF H.L. CLEMENT CO.

Bankruptcy No. 80-492, Adv. No. 80-309.

12 B.R. 165 (1981)

In the Matter of H.L. CLEMENT CO., Debtor. EQUIBANK, Plaintiff, v. H.L. CLEMENT CO., Defendant.

United States Bankruptcy Court, W.D. Pennsylvania.

March 20, 1981.

Attorney(s) appearing for the Case

Kenneth P. Simon, Pittsburgh, Pa., for plaintiff.

David W. Lampl, Pittsburgh, Pa., for defendant.

MEMORANDUM OPINION

GERALD K. GIBSON, Bankruptcy Judge.

The matter presently before the Court is the complaint of Equibank for relief from the automatic stay pursuant to section 362 of the Bankruptcy Code, 11 U.S.C. § 362. Equibank alleges that it is the assignee of a valid security interest in certain roofing equipment (plaintiff's complaint, exhibit A) which was granted to Western Reserve Leasing Company (hereinafter called "Western Reserve") by H...

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