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IN RE LEWIS

Bankruptcy No. 92-13071S.

157 B.R. 555 (1993)

In re Charles Patrick LEWIS, Jane Anne Lewis, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

August 5, 1993.

Attorney(s) appearing for the Case

Matthew R. Nahrgang, Koresko & Associates, Norristown, PA, for debtors.

Wendy G. Rothstein, Lansdale, PA, for Harleysville Nat. Bank.

David J. Toll, Patterson & Weir, Philadelphia, PA, for Royal Bank of Pennsylvania.

Howard Gershman, Boroff, Harris & Heller, P.C., Plymouth Meeting, PA, for Empire Sav. of America.

Jeffrey D. Cooper, Philadelphia, PA, for Cornell & Co.

Ina S. Weiner, I.R.S., Philadelphia, PA, for I.R.S.

Frederic Baker, Asst. U.S. Trustee, Philadelphia, PA.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

The instant objections of a creditor to confirmation of the Debtors' Chapter 11 Plan cause us to consider the validity of that creditor's two separate alleged security interests arising out of two separate rather convoluted transactions. As to one transaction, we conclude that a post-petition agreement giving a priority to the interest of another creditor, approved by the court...

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