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IN RE BIG SQUAW MOUNTAIN CORP.

Bankruptcy No. 90-10144, Adv. No. 90-1037.

122 B.R. 831 (1990)

In re BIG SQUAW MOUNTAIN CORP., Debtor. A-I CREDIT CORP., Plaintiff, v. BIG SQUAW MOUNTAIN CORP., Debtor/Defendant, and Gary Growe, Esq., Trustee/Defendant.

United States Bankruptcy Court, D. Maine.

December 21, 1990.

Attorney(s) appearing for the Case

Stephen G. Morrell, Eaton, Peabody, Bradford & Veague, Bangor, Me. for defendant, trustee Gary Growe.

Richard Silver, Russell, Lingley & Silver, Bangor, Me. for plaintiff, A-1 Credit Corp.

MEMORANDUM OF DECISION

JAMES B. HAINES, Jr., Bankruptcy Judge.

A-I Credit Corporation ("A-I") has moved for summary judgment seeking a determination that it is entitled to funds held by the trustee on account of a refund of unearned insurance premiums under policies previously insuring the Debtor, Big Squaw Mountain Corp. ("Big Squaw"). A-I claims an ongoing security interest in those funds by virtue of a premium financing agreement that it entered into...

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