Maryland Casualty Co. v. Westinghouse Credit Corp. (In Re Hanson Dredging, Inc.)

PRELIMINARY FINDINGS AND CONCLUSIONS AND ORDER FOR FURTHER HEARING

JOSEPH A. GASSEN, Bankruptcy Judge.

This case was tried on the complaint in interpleader of Maryland Casualty Company (hereinafter Maryland Casualty) and the cross-claim of Westinghouse Credit Corporation (hereinafter Westinghouse). Maryland Casualty was the insurer of a bulldozer formerly owned by the debtor Hanson Dredging, Inc. Westinghouse was a secured creditor of the debtor and among its security was the bulldozer. Plaintiff, Maryland Casualty, seeks this court’s determination of who should receive the insurance proceeds…