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IN RE NAT. RESERVE CORP.

Bankruptcy No. 94-40477-HJB. Adv. No. 95-4091.

199 B.R. 241 (1996)

In re NATIONAL RESERVE CORPORATION, Debtor. The BANK OF WESTERN MASSACHUSETTS, Plaintiff, v. CPF PREMIUM FUNDING, INC., Defendant.

United States Bankruptcy Court, D. Massachusetts.

August 20, 1996.

Attorney(s) appearing for the Case

Alan S. Dambrov, Springfield, MA, for Bank.

Peter M. Stern, Springfield, MA (Steven G. Legum, Mineola, NY, of counsel), for CPF.

David M. Nickless, Trustee, Fitchburg, MA.

MEMORANDUM OF DECISION

HENRY J. BOROFF, Bankruptcy Judge.

Before the Court for determination are cross motions for summary judgment filed by The Bank of Western Massachusetts ("Plaintiff" or the "Bank") and CPF Premium Funding, Inc. ("Defendant" or "CPF") relative to a complaint to determine the validity, priority, or extent of a lien or other interest in property. Through its complaint, the Bank seeks to establish that it has a perfected first priority...

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