IN RE TIMBER PRODUCTS, INC.

Bankruptcy Nos. 89-01665, 89-01666, Motion No. 89-7846-M.

125 B.R. 433 (1990)

In re TIMBER PRODUCTS, INC., Debtor-in-Possession, and Robert L. McClintock, Debtor-in-Possession, Debtors.

United States Bankruptcy Court, W.D. Pennsylvania.

As Amended April 19, 1991.


Attorney(s) appearing for the Case

Donald L. Phillips, James A. Prostko, Phillips and Galanter, P.C., Pittsburgh, Pa., for debtors.

Beverly Weiss Manne, Tucker Arensberg, P.C., Pittsburgh, Pa., for Pittsburgh Nat. Bank.

Robert L. Eberhardt, Asst. U.S. Atty., Pittsburgh, Pa., for Small Business Admin.


MEMORANDUM OPINION

JUDITH K. FITZGERALD, Bankruptcy Judge.

Before the court is the Motion of the Debtors-in-Possession for Authority to Obtain Credit Secured by Liens pursuant to 11 U.S.C. § 364(d), a core proceeding. Objections were filed on behalf of Pittsburgh National Bank and the Small Business Administration, secured creditors. An evidentiary hearing was conducted following which the parties submitted proposed Findings of Fact and Conclusions...

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