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IN RE CYBRIDGE CORP.

Bankruptcy No. 01-62337 RTL, Adversary No. 02-5378.

304 B.R. 681 (2004)

In re CYBRIDGE CORPORATION, Debtor. Andrea Dobin, Trustee, Plaintiff, v. Presidential Financial Corporation of Delaware Valley, Defendant.

United States Bankruptcy Court, D. New Jersey.

February 18, 2004.

Attorney(s) appearing for the Case

Andrea Dobin, Valerie A. Hamilton, Sterns & Weinroth, Trenton, NJ, for Plaintiff.

Stephen Packman, Jerrold Kulback, Archer & Greiner, Haddonfield, NJ, for Defendant.

OPINION

RAYMOND T. LYONS, Bankruptcy Judge.

This matter comes before the court on cross-motions for summary judgment. Before bankruptcy, the Debtor, Cybridge Corporation, entered into a lending agreement with the defendant, Presidential Financial Corporation of Delaware Valley ("Presidential"). Cybridge granted Presidential a security interest in its accounts receivable and virtually all its other assets. Cybridge filed a petition under chapter 11...

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