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IN RE CHASELEY'S FOODS, INC.

No. H82-849.

30 B.R. 452 (1983)

In re CHASELEY'S FOODS, INC., Debtor. UNITED STATES of America, SMALL BUSINESS ADMINISTRATION, Appellant, v. Daniel FREELAND, Appellee-Trustee.

United States District Court, N.D. Indiana, Hammond Division.

May 9, 1983.

Attorney(s) appearing for the Case

Daniel L. Freeland, Komyatte & Freeland, Highland, Ind., James A. Harris, Hammond, Ind., for appellee-trustee.

ORDER

MOODY, District Judge.

This matter is before the Court on appeal from the Bankruptcy Court's decision holding that the appellant's claim to the inventory-proceeds of the debtor was unsecured and thus subordinate to the appellee-trustee's interest. The issue is one of first impression and requires us to decide whether pursuant to Ind.Code Ann. 26-1-9-403(3) (Burns 1974) a continuation statement must be filed if a financing statement expires during the...

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