IN RE ALIQUIPPA MACHINE CO., INC.

No. 05-33726-MBM.

343 B.R. 145 (2006)

In re: ALIQUIPPA MACHINE CO., INC., Debtor. Bank One, a division of J.P. Morgan Chase Bank, N.A. Movant, v. Eric E. Bononi, Trustee of Aliquippa Machine Co., Inc., Respondent.

United States Bankruptcy Court, W.D. Pennsylvania.

April 21, 2006.


Attorney(s) appearing for the Case

David K. Rudov, for Bank One.

Jonathan G. Babyak, Charleroi, PA, for Aliquippa Machine Co., Inc.


MEMORANDUM OPINION

M. BRUCE McCULLOUGH, Bankruptcy Judge.

Bank One moves for relief from stay so that it may pursue collection of essentially all of the assets of the bankruptcy estate of Aliquippa Machine Co., Inc., the above-captioned debtor (hereafter "the Debtor"). Bank One contends that a grant of such stay relief is appropriate at this time because, argues Bank One, such assets are fully encumbered by the first priority perfected security interest...

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