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IN RE STANDARD CONVEYOR CO.

No. 84-5199.

773 F.2d 198 (1985)

In re STANDARD CONVEYOR COMPANY, Debtor. BARCLAYS AMERICAN/BUSINESS CREDIT, INC., Appellant, v. Brian F. LEONARD, Trustee of Standard Conveyor Company; and Berwald Investment Company, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided September 12, 1985.

Attorney(s) appearing for the Case

David F. Herr, Minneapolis, Minn., for appellant.

Brian F. Leonard and Thomas Rooney, St. Paul, Minn., for appellees.

Before ARNOLD and FAGG, Circuit Judges, and SACHS, District Judge.

SACHS, District Judge.

Appellant Barclays American/Business Credit, Inc., a secured creditor of the debtor, Standard Conveyor Company, seeks reversal of the district court's1 decision awarding the proceeds of an escrow account in part to Standard's trustee in bankruptcy and in part to Berwald Investment Co., once a potential purchaser of real property owned by Standard. Out of a $99,000 deposit...

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