Matter of Keystone Camera Products Corp.

OPINION

WILLIAM F. TUOHEY, Bankruptcy Judge.

This matter came before the court in connection with two motions. Initially, the Unsecured Creditors’ Committee moved before the court to convert the pending chapter 11 proceedings to a chapter 7 liquidation or, in the alternative, to appoint a chapter 11 operating trustee. In addition, Congress Financial Corporation moved before the court to vacate the stay to allow said financial institution to reclaim its collateral consisting of inventory, machinery and equipment and accounts receivable, all belonging to the debtor.

On the return date of the above…