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IN RE OWENSBORO CANNING CO., INC.

Civ. A. No. 85-0067-O(CS).

82 B.R. 450 (1988)

In re OWENSBORO CANNING CO., INC., Debtor. CONTINENTAL CAN COMPANY, INC., Plaintiff (Appellee), v. OWENSBORO CANNING CO., INC., et al., Defendants (Appellants).

United States District Court, W.D. Kentucky, Owensboro Division.

February 8, 1988.

Attorney(s) appearing for the Case

Ronald J. Bamberger, Steven D. Crone, Owensboro, Ky., for Owensboro Canning Co., Inc.

William Stephen Reisz, Reisz, Brown & Rosenbaum, Louisville, Ky., for The Creditors Committee of Owensboro Canning Co., Inc.

Carl Stich, Jr., Cincinnati, Ohio, for Heekin Can, Inc.

Randy Hutchinson, Owensboro, Ky., for Crown Cork & Seal Co., Inc.

Michael A. Fiorella, John H. Helmers, Owensboro, Ky., for Continental Can Co., Inc.

MEMORANDUM OPINION

SIMPSON, District Judge.

This action is an appeal of a determination by United States Bankruptcy Judge Merritt S. Deitz, 46 B.R. 607 (Bankr.W.D. Ky.1985), that Continental Can Company (hereinafter "Continental"), plaintiff and appellee, has a valid and enforceable security interest in the accounts receivable, inventory and raw materials of debtor, Owensboro Canning Company, Inc. (hereinafter "Owensboro Canning...

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