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IN RE BRANIFF INTERN. AIRLINES, INC.

Bankruptcy No. 091-71829-511.

164 B.R. 820 (1994)

In re BRANIFF INTERNATIONAL AIRLINES, INC., Debtor.

United States Bankruptcy Court, E.D. New York.

January 5, 1994.

Attorney(s) appearing for the Case

Hughes Hubbard & Reed by David W. Wiltenburg, Jonathan Gross, New York City, for Chapter 11 Trustee.

Nixon, Hargrave, Devans & Doyle by Lynne C. Isensee, Stacy Aicher, New York City, for CrossLand Premium Funding, Inc.

Sidley & Austin by Claire S. Hancock, New York City, for American Tel. & Tel. Co.

Office of the U.S. Trustee by Scott Y. Stuart, Garden City, NY.

OPINION

(Validity of Security Interest in Unearned Insurance Premiums)

MELANIE L. CYGANOWSKI, Bankruptcy Judge:

Abraham D. Sofaer, the Chapter 11 Trustee of Braniff International Airlines, Inc. ("Braniff"), has moved for an Order, pursuant to 11 U.S.C. §§ 105(a) and 364(c), determining the validity of a security interest claimed by Crossland Premium Funding, Inc. ("Crossland"). The Trustee asks this Court to determine whether Crossland...

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