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IN RE KING

Bankruptcy No. 3-82-00764, Adv. No. 3-83-0050.

30 B.R. 2 (1983)

In re Herschell Kern KING, Barbara B. King, Debtors. Herschell K. KING and wife Barbara B. King, Plaintiffs, v. HAMILTON FIRST BANK, Defendant.

United States Bankruptcy Court, E.D. Tennessee.

April 27, 1983.

Attorney(s) appearing for the Case

Ambrose, Wilson & Grimm, Scott R. Fransen, Knoxville, Tenn., for plaintiffs.

Ridenour, Ridenour, Ridenour, Shumate & Lacy, Stephen R. Wise, Knoxville, Tenn., for defendant.

MEMORANDUM

CLIVE W. BARE, Bankruptcy Judge.

In this adversary proceeding the debtors in possession, asserting the rights, powers and duties of a trustee in bankruptcy, 11 U.S.C.A. § 1107(a),1 seek to avoid the alleged security interest of the plaintiff Hamilton First Bank in certain "disk drives." The debtor asserts the initial financing statement filed by the Bank is insufficient to cover the disk drives in that (1) the...

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