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IN RE WALDICK AERO-SPACE DEVICES, INC.

Civ. A. No. 85-4141.

71 B.R. 932 (1987)

In re WALDICK AERO-SPACE DEVICES, INC., Debtor. FERDINAND J. SNOW COMPANY, INC., and Snow Financial Corp., Leasing Service Corporation, Intervenor, Plaintiff-Appellants, v. WALDICK AERO-SPACE DEVICES, INC., and Richard R. Stout, Trustee, Defendants-Appellees.

United States District Court, D. New Jersey.

As Amended May 1, 1987.

Attorney(s) appearing for the Case

Bathgate, Wegener, Wouters & Neumann by Timothy P. Neumann, Lakewood, N.J., for Waldick Aero-Space Devices, Inc.

Pitney, Hardin, Kipp & Szuch by Timothy R. Greiner, Morristown, N.J., for Richard R. Stout, trustee.

Schwartz, Tobia & Stanziale, Montclair, N.J., for Ferdinand J. Snow Co., Inc. and Snow Financial Corp.

Okin, Pressler, Cohen & Hollander, Fort Lee, N.J., for Leasing Services Corp.

OPINION

RODRIGUEZ, District Judge.

On March 9, 1983 Waldick Aero-Space Defenses, Inc. ("Waldick") filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 1101-1174 (1982 & Supp. 1984). Plaintiff-appellant Ferdinand J. Snow Company ("Snow Company") filed a complaint seeking relief from the automatic stay of 11 U.S.C. § 362. An amended complaint added Snow Financial Company ("Snow Financial") as...

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