IN RE ALLSTAR BLDG. PRODUCTS, INC.

No. 86-7011.

809 F.2d 1534 (1987)

In re ALLSTAR BUILDING PRODUCTS, INC., Debtor. OVERHEAD DOOR CORPORATION, Plaintiff-Appellant, v. ALLSTAR BUILDING PRODUCTS, INC., Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

February 17, 1987.


Attorney(s) appearing for the Case

Mayer W. Perloff, Reid, Perloff & Doyle, Mobile, Ala., for plaintiff-appellant.

Barry A. Friedman, Mobile, Ala., for defendant-appellee.

Before HILL and HATCHETT, Circuit Judges, and THOMAS, Senior District Judge.


HATCHETT, Circuit Judge:

In this case we hold that the district court properly ruled that a creditor did not hold a perfected security interest in the bankrupt's personal property sufficient to allow relief from the automatic stay imposed by 11 U.S.C. § 362.

FACTS

On August 9, 1984, the debtor, Allstar Building Products, Inc. (Allstar), executed a note in favor of appellant, Overhead Door Corporation (Overhead), giving Overhead a security interest...

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