IN RE SHAW INDUSTRIES, INC.

Bankruptcy No. 03-11341, Docket No. 45.

300 B.R. 861 (2003)

In re SHAW INDUSTRIES, INC., Debtor. Shaw Industries, Inc., Movant v. First National Bank of PA, Northwest PA Regional Planning & Development Commission and Northwest Small Business Federal Funding, Respondents.

United States Bankruptcy Court, W.D. Pennsylvania.

November 10, 2003.


Attorney(s) appearing for the Case

James R. Walczak, Esq., Erie, PA, for First National Bank of PA.

James M. Greenfield, Esq., Franklin, PA, Attorney for Northwest Regional Planning & Development Commission and Northwest Small Business Federal Funding.

Robert S. Bernstein, Esq., Pittsburgh, PA, for Shaw Industries, Inc.


OPINION1

WARREN W. BENTZ, Bankruptcy Judge.

Introduction

Shaw Industries, Inc. ("Shaw" or "Debtor") filed a voluntary Petition under Chapter 11 of the Bankruptcy Code on June 1, 2003. At the time of the filing of the Petition, Shaw had two secured creditors — First National Bank of Pennsylvania (the "Bank") and Northwest Regional Planning & Development Commission and Northwest Small Business...

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