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IN RE NEMKO, INC.

Bankruptcy No. 190-11025-260, Adv. No. 191-1110.

136 B.R. 334 (1992)

In re NEMKO, INC., Debtor. The CHASE MANHATTAN BANK, N.A., Plaintiffs, v. NEMKO, INC., Debtor and Debtor-in-Possession, and United Jersey Bank, Defendants.

United States Bankruptcy Court, E.D. New York.

January 15, 1992.

Attorney(s) appearing for the Case

Tenzer, Greenblatt, Fallon & Kaplan by Charles E. Simpson, New York City, for debtor.

Lane & Mittendorf by Christopher R. Belmonte, New York City, for United Jersey Bank.

Winston & Stawn by Howard Seife, Heidi Sorvino, New York City, for Chase Manhattan Bank N.A.

DECISION

CONRAD B. DUBERSTEIN, Chief Judge.

This is an adversary proceeding in which the Plaintiff, Chase Manhattan Bank, N.A. ("Chase") seeks a determination of the validity, priority, and extent of the competing liens it and United Jersey Bank ("UJB") possess with respect to the accounts receivable of the Debtor.

This matter comes before this court on the motion of UJB to dismiss the complaint for failure...

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