United States Bankruptcy Court, E.D. Michigan August 26, 1985, 19-30465 (Northern Acres, Inc. v. Hillman State Bank (In Re Northern Acres, Inc.))

MEMORANDUM OPINION REGARDING PLAINTIFF’S AND DEFENDANT’S MOTIONS FOR SUMMARY JUDGMENT

ARTHUR J. SPECTOR, Bankruptcy Judge.

This opinion addresses the claim of Hill-man State Bank in the dual contexts of a motion filed by the bank for relief from the stay and this adversary proceeding by the debtor in possession to avoid the bank’s security interest.

I. FACTS

Northern Acres, Inc.