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IN RE JONES

Bankruptcy Nos. 583-00059—583-00060.

37 B.R. 969 (1984)

In re J. Lynn JONES and Rebecca Jean Jones, individually and dba Union Exploration, dba Lynn Jones Insurance and dba Lynn Jones Real Estate, Debtors. In re UNITAS, INC., a Texas Corporation, Debtor.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

January 16, 1984.

Attorney(s) appearing for the Case

David N. Reed, Dallas, Tex., for debtors.

Randall L. Rouse, Odessa, Tex., for InterFirst Bank Odessa.

Josiah M. Daniel, III, Amarillo, Tex., for Tascosa Nat. Bank.

Gary B. Clark, Dallas, Tex., for official unsecured creditors' committee.

MEMORANDUM AND ORDER

BILL H. BRISTER, Bankruptcy Judge.

The Official Unsecured Creditors Committee and Tascosa National Bank, a creditor, each challenged an "agreed order" for use of cash collateral and adequate protection which had been entered by this Court on September 7, 1983. Under that order the debtors had effectively recognized the security interest of InterFirst Bank Odessa, N.A. ("Bank") in properties owned by one or the other debtors. The challengers...

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