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IN RE PEARSON INDUSTRIES, INC.

Bankruptcy Nos. 89-81684, 89-81834, Adv. Nos. 90-8116, 90-8109.

147 B.R. 914 (1992)

In re PEARSON INDUSTRIES, INC., Debtor. Richard E. BARBER, Chapter 7 Trustee for Pearson Industries, Inc., Plaintiff, v. McCORD AUTO SUPPLY, INC., Defendant. In re INDUSTRIAL & MUNICIPAL ENGINEERING, INC., Debtor. Richard E. BARBER, Chapter 7 Trustee for Industrial & Municipal Engineering, Inc., Plaintiff, v. McCORD AUTO SUPPLY, INC., Defendant.

United States Bankruptcy Court, C.D. Illinois.

December 8, 1992.

Attorney(s) appearing for the Case

Barry M. Barash, Barash, Stoerzbach & Henson, Galesburg, IL, for plaintiff.

Thomas L. Perkins, Kavanagh, Scully, Sudow, White & Frederick, P.C., Peoria, IL, for defendant.

Richard E. Barber, Galesburg, IL, Chapter 7 Trustee.

OPINION

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

Pearson Industries, Inc. (PEARSON), located in Galva, Illinois, primarily manufactured and sold vacuum systems for handling animal waste. Industrial and Municipal Engineering, Inc. (IME), also located in Galva, Illinois, primarily manufactured and sold animal, industrial and commercial waste application equipment and fertilizer application equipment. (Their products are jointly referred to as "EQUIPMENT"...

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