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IN RE LASERCAD REPROGRAPHICS, LTD.

Bankruptcy No. 86 B 11102 (BRL), Adv. No. 87-6137A.

106 B.R. 793 (1989)

In re LASERCAD REPROGRAPHICS, LTD., Debtor. Harold YOUNG, as Interim Trustee in Bankruptcy for Lasercad Reprographics, Ltd., Plaintiff, v. FARMINGDALE FOOD MARKET, INC., Defendant. FARMINGDALE FOOD MARKET, INC., Defendant/Third Party Plaintiff, v. STATE BANK OF LONG ISLAND, Third Party Defendant.

United States Bankruptcy Court, S.D. New York.

October 31, 1989.

Attorney(s) appearing for the Case

Whitman & Ransom by Norman N. Kinel, New York City, for trustee.

Meltzer, Lippe, Goldstein & Wolf, P.C. by John E. Westerman, Ronald M. Terenzi, Mineola, N.Y., for Farmingdale Food Market, Inc., defendant/third party plaintiff.

Rivkin, Radler, Dunne & Bayh by Martin F. Brecker, New York City, for State Bank of Long Island, third party defendant.

DECISION ON MOTION AND CROSSMOTION FOR SUMMARY JUDGMENT

BURTON R. LIFLAND, Chief Judge.

I. BACKGROUND

The instant motions for summary judgment arise in the context of an adversary proceeding brought by Harold Young, the Chapter 7 Trustee (the "Trustee") to determine the extent, validity and priority, if any, of an alleged security interest or lien of Farmingdale Food Market, Inc. ("Farmingdale") in the...

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