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IN RE HYDRO-CHEM PROCESSING, INC.

Bankruptcy No. 91-82431. Adv. No. 93-6694.

190 B.R. 129 (1995)

In re HYDRO-CHEM PROCESSING, INC. and Engineered Steel Products of Atlanta, Inc., Debtors. John W. RAGSDALE, Jr., As Trustee, Plaintiff, v. BLAW KNOX CORP., Electralloy Corp., The Export-Import Bank of the U.S., Fisher Controls International, Inc., Fisher Controls Company of Canada, Ingersoll Rand Co., Manior Electroalloys Corp., Radnor Alloys, Inc., Smither Equipment, Inc., Georgia Department of Labor, Internal Revenue Service, et al., Defendants.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

October 6, 1995.

Attorney(s) appearing for the Case

John W. Ragsdale, Jr., Atlanta, Georgia, for Debtors.

R. Michael Thompson, Thompson, O'Brien, Kemp & Nasuti, P.C., Norcross, GA, for Defendant Blaw Knox Corp.

Richard W. Roeder, Titusville, PA, for Electralloy Corp.

Amy Berne Kaminshine, United States Attorney's Office, Atlanta, GA, for Export-Import Bank of the U.S.

James A. Pardo, Jr., King & Spalding, Atlanta, GA, for Fisher Controls International, Inc. and Fisher Controls Company of Canada.

J. Michael Lamberth, Atlanta, GA, for Ingersoll Rand Company.

Donald J. Snell, Canton, GA, for Manior Electroalloys Corp.

Robert M. Dyer, McVay & Stubbs, Canton, GA, for Radnor Alloys, Inc.

Otis Byron Meredith, III, Wallace & De Mayo, P.C., Norcross, GA, for Smither Equipment, Inc.

Jon D. Pifer, Ann Reid, U.S. Department of Justice, Tax Division, Washington, DC, for United States of America (Internal Revenue Service).

ORDER

MARGARET H. MURPHY, Bankruptcy Judge.

This adversary proceeding is before the court on Trustee's motion for summary judgment. Trustee proposes in the motion for summary judgment a distribution, based upon the priority of the relevant liens of the claimants, of certain encumbered funds in Trustee's possession as a result of liquidation of Debtor's estate. The issue presents a conflict of lien priority law between Georgia state law and federal...

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