IN RE CENTURY GLOVE, INC.

Bankruptcy Nos. 85-438, 85-439.

74 B.R. 958 (1987)

In re CENTURY GLOVE, INC. Southwest Gloves and Safety Equipment, Inc.

United States Bankruptcy Court, D. Delaware.

June 4, 1987.


Attorney(s) appearing for the Case

Eduard F. von Wettberg, III, Wilmington, Del., for debtor.

Peter J. Walsh, Wilmington, for FAB.


HELEN S. BALICK, Bankruptcy Judge.

The debtors, Century Glove and Southwest Gloves and Safety Equipment, have asked the court for rulings in advance of a confirmation hearing as to whether actions they propose to take with regard to the claim of First American Bank are legally appropriate in the context of debtors' present proposed plans.

Section 3.5 of Century's First Amended Plan of Reorganization which concerns the secured claim of FAB provides:

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