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MATTER OF LANE POULTRY OF CAROLINA, INC.

Bankruptcy Nos. B-82-02012 C-11 to B-82-02031 C-11.

63 B.R. 745 (1986)

In the Matter of LANE POULTRY OF CAROLINA, INC., Carolina Farms, Inc., Carolina Poultry, Inc., Webster Poultry, Co., Webster Farms, Inc., Clift C. Lane and Dorothy P. Lane, Dexter Processing, Inc., Dexter Farms, Inc., Lane Processing, Inc., Lane Farms, Inc., Modern Feeds of Nacogdoches, Inc., Spring Valley Farms, Inc., Spring Valley Foods, Inc., Cheaha International, Inc., Alacalco, Holly Creek Fryers, Inc., Sunnyside Feeds, Inc., Frank Smith Foods, Inc., Lane Poultry Sales, Inc., Lane Domestic International Sales Corp., Debtors.

United States Bankruptcy Court, M.D. North Carolina.

July 30, 1986.

Attorney(s) appearing for the Case

Jerry G. Tart, Johnson & Tart, Greensboro, N.C., William B. Sullivan, John M. Packman, Arent, Fox, Kintner, Plotkin & Kahn Washington, D.C., for debtor.

Marc T. McNamee, Craig J. Donaldson, James R. Kelley, Dearborn & Ewing, Nashville, Tenn., W. Fred Williams, Franklin, Tenn., William L. Owen, Gill, Skokos, Simpson, Buford & Owen, P.A., Little Rock, Ark., for Commerce Union Bank.

Richard M. Hutson, II, Mount, White, King, Hutson & Carden, P.A., Durham, N.C., for Consol. Committee of Unsecured Creditors.

MEMORANDUM OPINION CONCERNING DEBTORS' MOTION FOR SUMMARY JUDGMENT ON APPLICATION OF COMMERCE UNION BANK UNDER § 506(b)

JAMES B. WOLFE, Jr., Bankruptcy Judge.

This matter came on for hearing before this Court on July 2, 1986, in Greensboro, North Carolina, before James B. Wolfe Jr., United States Bankruptcy Judge for the Middle District of North Carolina, upon the Debtors' Motion for Summary Judgment on the Application of Commerce Union Bank ("CUB") for...

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