IN RE FUND RAISER PRODUCTS CO., INC.

Bankruptcy No. 92-17888R.

163 B.R. 744 (1994)

In re FUND RAISER PRODUCTS CO., INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

February 8, 1994.


Attorney(s) appearing for the Case

Keith Leonard, Leonard, Tillery & Davison, Philadelphia, PA.

Vincent J. Marriott, III, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, PA.

Kerry S. Schuman, Jaffe, Friedman, Schuman, Nemeroff & Applebaum, P.C., Elkins Park, PA.

Scott N. Schreiber, Much Shelist Freed Denenberg & Ament, P.C., Chicago, IL, for Giftco, Inc.

Frederic J. Baker, Asst. U.S. Trustee, Office of U.S. Trustee, Philadelphia, PA, for U.S. Trustee.


OPINION

STEPHEN RASLAVICH, Bankruptcy Judge.

Before the Court is the Motion of Ruth Segal ("Ruth Segal") for Relief from the Automatic Stay Pursuant to 11 U.S.C. § 362(d) to permit her to liquidate certain stock in a company known as Giftco, Inc. ("Giftco"). The Stock in question is owned by the Debtor and is alleged by Ruth Segal to serve as collateral for Ruth Segal's prepetition loans to the Debtor. The motion is opposed by the Official Committee...

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