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MATTER OF COLLATED PRODUCTS CORP.

Bankruptcy No. 89-479, Adv. No. 89-101.

116 B.R. 406 (1990)

In the Matter of COLLATED PRODUCTS CORPORATION, Debtor. COLLATED PRODUCTS CORPORATION, Plaintiff, v. UNITED JERSEY BANK/CENTRAL, N.A., Defendant.

United States Bankruptcy Court, D. Delaware.

March 19, 1990.

Attorney(s) appearing for the Case

Peter J. Walsh, Wilmington, Del., for debtor/plaintiff.

James L. Patton, Jr., Laura Davis Jones, Teresa C. Fariss, Wilmington, Del., for defendant.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

This is a declaratory judgment action on an issue pertinent to another lawsuit between the parties presently scheduled for trial. See 28 U.S.C. § 2201. Collated Products Corporation, a Chapter 11 debtor, seeks a determination as to whether United Jersey Bank has a security interest in $329,767 deposited in Collated's "commingled" operating account at the Delaware Trust Company. It...

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