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IN RE ASH HANDKERCHIEF CORP.

Bankruptcy No. 95 B 43566 (SMB). Adv. No. 95-1212A.

191 B.R. 588 (1996)

In re ASH HANDKERCHIEF CORP., d/b/a American Sock & Hosiery, Debtor. ASH HANDKERCHIEF CORP., d/b/a American Sock & Hosiery, Plaintiff, v. HICKORY FINISHING, INC., Defendant.

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

February 5, 1996.

Attorney(s) appearing for the Case

Todtman, Young, Tunick, Nachamie, Hendler & Spizz, P.C., New York City, for Plaintiff; Stanley B. Hendler, Scott S. Markowitz, of counsel.

Rosen, Preminger & Bloom, New York City, for Defendant; David S. Preminger, of counsel.

MEMORANDUM DECISION REGARDING THE VALIDITY OF DEFENDANT'S LIEN

STUART M. BERNSTEIN, Bankruptcy Judge:

This adversary proceeding requires us to determine the nature and extent of a textile processor's lien under North Carolina law. On the petition date, the defendant Hickory Finishing, Inc. ("Hickory"), held goods delivered by the plaintiff, Ash Handkerchief Corp., d/b/a American Sock & Hosiery (the "debtor" or "Ash"), for processing. Ash owes Hickory...

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