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IN RE COLLATED PRODUCTS CORP.

Civ. A. No. 90-190 MMS, Bankruptcy No. 89-479, Adv. No. 89-101.

121 B.R. 195 (1990)

In re COLLATED PRODUCTS CORPORATION, Debtor. UNITED JERSEY BANK/CENTRAL, N.A., Defendant Below, Appellant, v. COLLATED PRODUCTS CORPORATION, Plaintiff Below, Appellee.

United States District Court, D. Delaware.

November 16, 1990.

Attorney(s) appearing for the Case

James L. Patton, Jr., Laura Davis Jones, and Teresa C. Fariss of Young, Conaway, Stargatt & Taylor, Wilmington, Del.; Richard N. Shaine, and Jeffrey M. Rosenthal of Stark & Stark, Princeton, N.J., of counsel, for defendant below, appellant.

Peter J. Walsh, and Charlene D. Davis of Bayard, Handelman & Murdoch, P.A., Wilmington, Del., for plaintiff below, appellee.

OPINION

MURRAY M. SCHWARTZ, Senior District Judge.

This is an appeal from an order of the bankruptcy court, dated March 18, 1990. 116 B.R. 406. The bankruptcy court held that, inter alia, the United Jersey Bank/Central, N.A., (the "Bank") did not waive its security interest in the proceeds of certain accounts of its debtor, Collated Products Corporation ("Collated") and the Bank does not have a security interest in...

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