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IN RE EASTERN STEEL BARREL CORP.

Bankruptcy Nos. 90-35196, 90-35200. Adv. No. 93-3315.

164 B.R. 477 (1994)

In re EASTERN STEEL BARREL CORPORATION and E & C Holding Company, Debtors. E & C HOLDING CO., A New Jersey corporation, Plaintiff, v. TOWNSHIP OF PISCATAWAY and National Westminster Bank, NJ, Defendants.

United States Bankruptcy Court, D. New Jersey.

March 2, 1994.

Attorney(s) appearing for the Case

Gary N. Marks, Ravin, Greenberg & Marks, P.A., Roseland, NJ, for plaintiff E & C Holding Co.

Howard Gran, Abrams, Blatz, Gran, Hendricks & Reina, South Plainfield, NJ, for defendant Piscataway Tp.

Richard N. Shaine, Stark & Stark, Princeton, NJ, for defendant Nat. Westminster Bank, NJ.

MEMORANDUM OPINION

STEPHEN A. STRIPP, Bankruptcy Judge.

I. INTRODUCTION

This constitutes the court's decision on cross-motions by plaintiff, E & C Holding Company ("debtor" or "E & C") and defendant Township of Piscataway ("Piscataway") for partial summary judgment as to the first and second counts of the complaint filed by the debtor in this adversary proceeding. The first count seeks a determination of the validity and priority...

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