IN RE GLASSTREAM BOATS, INC.

Bankruptcy No. 89-70417-VAL

110 B.R. 611 (1990)

In re GLASSTREAM BOATS, INC., Tax I.D. NO. 58-1471322 Debtor.

United States Bankruptcy Court, M.D. Georgia, Valdosta Division.

January 9, 1990.


Attorney(s) appearing for the Case

Gus H. Small, Jr., Karen F. White, Atlanta, Ga., for debtor.

C. Edward Dobbs, Atlanta, Ga., for creditor.


MEMORANDUM OPINION

JOHN T. LANEY, III, Bankruptcy Judge.

These are Findings of Fact and Conclusions of Law on the Motion of the Debtor, Glasstream Boats, Inc. under § 363(c)(2) of the Bankruptcy Code for use of cash collateral belonging to the Creditor, Marine Midland Business Loans, Inc.

Debtor is a boat and trailer manufacturing company with manufacturing facilities in Georgia, Florida, and Arkansas. Creditor is conceded to have a properly...

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