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IN RE PRIME, INC.

Bankruptcy No. 81-03200-S-11.

15 B.R. 216 (1981)

In re PRIME, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri, S.D.

November 12, 1981.

Attorney(s) appearing for the Case

Gary A. Love, Springfield, Mo., for debtor.

Donald B. Steele, Kansas City, Mo., for CIT Corp.

ORDER AUTHORIZING USE OF CASH COLLATERAL

JOEL PELOFSKY, Bankruptcy Judge.

Prime, Inc. is a good sized over-the-road trucking company, headquartered in Springfield, Missouri. Operating funds are obtained through accounts receivable financing by CIT Corporation. In August or September of 1981, Prime purged a substantial number of accounts as duplicates or as having credits against them. CIT became concerned as to the validity of the accounts being assigned...

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