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IN RE EQUITABLE FINANCIAL MANAGEMENT, INC.

Bankruptcy No. 91-0799-BM. Adv. No. 93-2264-BM.

164 B.R. 53 (1994)

In re EQUITABLE FINANCIAL MANAGEMENT, INC., Debtor. Mark L. GLOSSER, Trustee, Plaintiff, v. COLONIAL PACIFIC LEASING CO., Defendant.

United States Bankruptcy Court, W.D. Pennsylvania.

February 23, 1994.

Attorney(s) appearing for the Case

Steven T. Shreve, Mark L. Glosser, Trustee, Stone, Glosser & Stone, Pittsburgh, PA, for plaintiff/Trustee.

Owen W. Katz, Bernstein and Bernstein, P.C., Pittsburgh, PA, for defendant Colonial Pacific Leasing Co.

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

The chapter 7 trustee seeks pursuant to 11 U.S.C. § 544(a)(1) to avoid the security interest of defendant Colonial Pacific Leasing Company (hereinafter "CPL") in two equipment leases. According to the chapter 7 trustee, CPL's security interest may be avoided pursuant to this court's holding in In re Funding Systems Asset Management Corporation...

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