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IN RE MUSKIN, INC.

Bankruptcy No. 1-90-01332, Adv. No. 92-1149.

151 B.R. 252 (1993)

In re MUSKIN, INC., Debtor. MUSKIN, INC., Plaintiff, v. INDUSTRIAL STEEL CO., INC., Defendant.

United States Bankruptcy Court, N.D. California.

March 8, 1993.

Attorney(s) appearing for the Case

J. Craig Gilliland, Murphy, Weir & Butler, San Francisco, CA, for debtors.

Charles P. Maher, Rosenblum, Paris & Isaacs, San Francisco, CA, for Industrial Steel Co.

MEMORANDUM OF DECISION

ALAN JAROSLOVSKY, Bankruptcy Judge.

Prior to its Chapter 11 filing and for a short time thereafter, debtor Muskin, Inc., was a manufacturer of summer lawn furniture. Its assets have now been sold, and a liquidating plan has been confirmed.

Soon after it filed its Chapter 11 petition, Muskin entered into an agreement with Security Pacific Business Credit, Inc., for the use of cash collateral. The agreement called for Security...

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