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IN RE SHERWOOD FORD, INC.

Bankruptcy No. 89-5-0219-JS, Motion No. M89-1819-JS.

125 B.R. 957 (1991)

In re SHERWOOD FORD, INC., Debtor. FORD MOTOR CREDIT COMPANY, Movant, v. SHERWOOD FORD, INC. and Joel I. Sher, Trustee, Respondents.

United States Bankruptcy Court, D. Maryland.

April 12, 1991.

Attorney(s) appearing for the Case

Robert J. Thieblot, Robert D. Harwick, Thieblot, Ryan, Martin & Ferguson, P.A., Baltimore, Md., for movant.

Joel I. Sher, Baltimore, Md., trustee.

Robert A. Gordon, Shapiro & Olander, Baltimore, Md., for respondent, Joel I. Sher, trustee.

Edward L. Blanton, Jr., Blanton & McCleary, Towson, Md., for respondent, Sherwood Ford, Inc.

MEMORANDUM OPINION GRANTING MOTION TO MODIFY AUTOMATIC STAY

JAMES F. SCHNEIDER, Bankruptcy Judge.

The question presented in this motion to modify automatic stay is whether a creditor's prepetition security interest in a debtor's inventory and proceeds extends to postpetition inventory and proceeds. The instant motion is entitled "Motion for Relief from Automatic Stay to Permit Setoff," but Ford Motor Credit Company, the movant, has acknowledged that the...

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