IN RE RACK ENGINEERING CO.

Bankruptcy No. 93-23127-MBM, Adversary No. 97-2269.

212 B.R. 98 (1997)

In re RACK ENGINEERING COMPANY, Debtor. FREMONT FINANCIAL CORPORATION, Plaintiff, v. Carl IZZO, Chapter 7 Trustee for Rack Engineering Company, and Eckert, Seamans Cherin & Mellott, Defendants.

United States Bankruptcy Court, W.D. Pennsylvania.

August 25, 1997.


Attorney(s) appearing for the Case

Stephen J. Laidhold, Pittsburgh, PA, for Fremont Financial Corp.

Thomas D. Maxson, Pittsburgh, PA, for Rack Engineering Company.

Carl P. Izzo, Greensburg, PA, for Carl Izzo, Chapter 7 Trustee.


MEMORANDUM OPINION

M. BRUCE McCULLOUGH, Bankruptcy Judge.

Fremont Financial Corporation (Fremont), plaintiff herein, commenced this proceeding to effect a turnover of $52,584.43 from Carl Izzo, the Chapter 7 trustee in this case and defendant herein. The amount sought by Fremont represents proceeds from accounts receivable of the debtor that the trustee had collected post-petition and which were subject to Fremont's perfected security interest. Fremont...

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