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IN RE AMERECO ENVIRONMENTAL SERVICES, INC.

Bankruptcy No. 90-40502-2-11.

129 B.R. 197 (1991)

In re AMERECO ENVIRONMENTAL SERVICES, INC., Debtor.

United States Bankruptcy Court, W.D. Missouri.

July 22, 1991.

Attorney(s) appearing for the Case

Charles L. House, Kansas City, Mo., for debtor.

Jerald S. Meyer, J. Stephen McCarter, Kansas City, Mo., for Unsecured Creditors Comm.

Charles Fowler, McDowell, Rice & Smith, Kansas City, Mo., for Merchants Bank.

MEMORANDUM OPINION

FRANK W. KOGER, Chief Judge.

Debtor was engaged in the handling, processing and disposal of hazardous wastes. Merchants Bank (hereinafter Bank) was the principal financial institution lending funds to debtor. The Bank attempted to secure its loans by taking a security interest from debtor and duly perfecting same. The wording in the Bank's security agreement was as broad as possible and included general intangibles. The debtor and the...

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