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IN RE GRABOWSKI

Bankruptcy No. 01-40801. Adversary No. 01-4124.

277 B.R. 388 (2002)

In re Ronald J. GRABOWSKI, Trenna R. Grabowski, Debtors. Ronald J. Grabowski, Trenna R. Grabowski, Plaintiffs, v. Deere & Company, Integra Bank, South Pointe Bank, Farmers & Merchants Bank of Nashville, and Bank of America, Defendants.

United States Bankruptcy Court, S.D. Illinois.

April 24, 2002.

Attorney(s) appearing for the Case

Steven M. Wallace, Swansea, IL, for plaintiffs.

Mark J. Ballard, Mt. Vernon, IL, for South Pointe Bank.

Steven M. Wald, St. Louis, MO, for Bank of America.

OPINION

KENNETH J. MEYERS, Bankruptcy Judge.

This case involves a priority dispute between defendants Bank of America and South Pointe Bank ("South Pointe") regarding their security interests in three items of farm equipment owned by the debtors.1 Both lenders filed financing statements perfecting their interests. Bank of America, the first to file, described its collateral in general terms and listed the debtors' business...

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