IN RE TROUT

Bankruptcy No. 87-05075, Adv. No. 90-7010.

123 B.R. 333 (1990)

In re Kye TROUT, Jr., Debtor. Phillip D. ARMSTRONG, Trustee of the Estate of Kye Trout, Jr., Plaintiff, v. NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION, Defendant.

United States Bankruptcy Court, D. North Dakota.

August 23, 1990.


Attorney(s) appearing for the Case

Phillip D. Armstrong, Minot, N.D., Trustee for plaintiff.

Christian Onsager, Denver, Colo., Lawrence Klemin, Bismarck, N.D., for defendant.


MEMORANDUM AND ORDER

WILLIAM A. HILL, Bankruptcy Judge.

This adversary proceeding arises by Complaint of the Chapter 7 Trustee challenging the extent and validity of Norwest Bank Minnesota, N.A. (Norwest) right to a lien in post-petition collateral arising by virtue of a stipulation for use of cash collateral. The Complaint, filed on January 31, 1990, and as amended on May 21, 1990, sets forth three separate theories only one of which remains at issue.

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