IN RE RALAR DISTRIBUTORS, INC.

Bankruptcy Nos. 89-40975-JFQ, 89-40976-JFQ.

166 B.R. 3 (1994)

In re RALAR DISTRIBUTORS, INC. and Halmar Distributors, Inc., Debtors.

United States Bankruptcy Court, D. Massachusetts.

February 28, 1994.


Attorney(s) appearing for the Case

Paul R. Salvage, Bacon & Wilson, P.C., Springfield, MA, for Ralar Distributors, Inc. and Halmar Distributors, Inc.

Christopher W. Parker, McDermott, Will & Emery, Boston, MA, for Official Creditors Committee.

Charles R. Bennett, Jr., Riemer & Braunstein, Boston, MA, for BayBank Middlesex.

Peter J. Stocks, Worcester, MA, U.S. Trustee.


OPINION

JAMES F. QUEENAN, Jr., Chief Judge.

BayBank has filed a $2,212,168 claim for "superpriority" under section 507(b) of the Bankruptcy Code. BayBank contends that orders of this court deprived it of adequate protection of its security interests in the property of Halmar Distributors, Inc. and its affiliate, Ralar Distributors, Inc. (the "Debtors"). The Debtors object to the claim. Resolution of the controversy involves application of the obscure...

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