IN RE CLEVELAND FREIGHT LINES, INC.

Bankruptcy No. B80-02271.

14 B.R. 777 (1981)

In re CLEVELAND FREIGHT LINES, INC., Debtor.

United States Bankruptcy Court, N.D. Ohio, E.D.

October 23, 1981.


Attorney(s) appearing for the Case

Bernard S. Goldfarb, Karen N. Gittler, Goldfarb & Reznick, Cleveland, Ohio, for Trustee.

Robert W. Sharp, Gallagher, Sharp, Fulton, Norman & Mollison, Cleveland, Ohio, for Fruehauf Corp.


MEMORANDUM OF OPINION

JOHN F. RAY, Jr., Bankruptcy Judge.

This matter came on for hearing on the motion of the trustee, Myron E. Wasserman, to determine the amount and validity of the lien of the Fruehauf Corporation ("Fruehauf") and briefs of counsel.

On June 17, 1976, Cleveland Freight Lines, Inc. ("CFL") gave its chattel mortgage and security agreement to Fruehauf Corporation to secure a debt of up to $1,400,000.00, arising out of the contemporaneous...

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