IN RE RICHMAN

Bankruptcy No. 92-1-3241-SD. Adv. No. 93-1-A-196-DK.

181 B.R. 260 (1995)

In re Edward RICHMAN and Ilene H. Richman, Debtors. Michael WOLFF, Ch. 7 Trustee, Plaintiff, v. FWB BANK, Defendant.

United States Bankruptcy Court, D. Maryland.

April 25, 1995.


Attorney(s) appearing for the Case

Roger C. Simmons, Gordon & Simmons, Frederick, MD.

Martin P. Schaffer, Shulman, Rogers, Gandal, Pordy & Ecker, P.A., Rockville, MD, for debtors.

Michael G. Wolff, Gaithersburg, MD, for trustee.

Arnold S. Albert, Washington, DC, for FWB Bank.


MEMORANDUM OPINION GRANTING SUMMARY JUDGMENT IN FAVOR OF FWB BANK

DUNCAN W. KEIR, Bankruptcy Judge.

The court has before it Cross Motions for Summary Judgment filed by FWB Bank ("FWB") and the Chapter 7 trustee. The parties request this court to summarily decide whether FWB has a perfected security interest in the debtors' account at Shearson Lehman Brothers, Inc., (hereinafter, the Shearson account). The funds from the Shearson account are currently...

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