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IN RE LUDWIG HONOLD MFG. CO.

Bankruptcy No. 81-04610G, Adv. No. 83-0987G.

35 B.R. 703 (1984)

In re LUDWIG HONOLD MANUFACTURING COMPANY, Debtor. CENTRAL PENN NATIONAL BANK, Plaintiff, v. Fred ZIMMERMAN, Trustee of Ludwig Honold Manufacturing Company, Inc., Delaware Economic Development Authority, Bank of Delaware and International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, and its Local No. 585, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

January 5, 1984.

Attorney(s) appearing for the Case

James A. Matour, White & Williams, Philadelphia, Pa., for plaintiff, Central Penn Nat. Bank.

Melvin Lashner, Philadelphia, Pa., for trustee/defendant, Fred Zimmerman.

Neal D. Colton, Dechert Price & Rhoads, Philadelphia, Pa., for defendants, Delaware Economic Development Authority and Bank of Delaware.

Paula R. Markowitz, Markowitz & Richman, Philadelphia, Pa., for defendant, Intern. Union, United Auto., Aerospace and Agr. Implement Workers of America, and its Local No. 585.

John J. Lamb, Philadelphia, Pa., for debtor, Ludwig Honold Mfg. Co., Inc.

Nancy V. Alquist, Clark, Ladner, Fortenbaugh and Young, Philadelphia, Pa., for creditors' committee.

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

In response to our order of October 13, 1983, granting relief from the automatic stay to Central Penn National Bank ("Central Penn"), the trustee and the creditors' committee have moved for reconsideration based on the pendency of a marshalling action against Central Penn. For the reasons stated herein we will deny the motion.

The facts of the case are as follows:1 An involuntary...

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