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IN RE BELL FUEL CORP.

Civ. A. Nos. 89-2329, 89-2674.

99 B.R. 602 (1989)

In re BELL FUEL CORPORATION. MERIDIAN BANK, Plaintiff, v. BELL FUEL CORP., et al., Defendants.

United States District Court, E.D. Pennsylvania.

May 4, 1989.

Attorney(s) appearing for the Case

Robert A. Kargen, Richard Kwasny, Lesser & Kaplin, P.C., Blue Bell, Pa., Charles M. McCuen, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for Official Creditors' Committee of Bell Fuel Corp.

Marvin Krasny, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, Pa., for debtor Bell Fuel Corp.

OPINION AND ORDER

VanARTSDALEN, Senior District Judge.

Introduction

Meridian Bank (Meridian) appeals from the decision of Bankruptcy Judge Scholl in which the bankruptcy court concluded Meridian did not have a perfected security interest in the proceeds of a chose in action, 97 B.R. 193 (1989).

The debtor, Bell Fuel Corporation (Bell) signed a security agreement with Meridian Bank on February 25, 1985...

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