Seven Springs, Inc. v. Abramson (In Re Seven Springs, Inc.)

MEMORANDUM OPINION

DOUGLAS 0. TICE, Jr., Bankruptcy Judge.

On October 8 and 9, 1992, trial was held in this adversary proceeding on the debtor Seven Springs’ complaint to quiet title to real property. Although there are a number of claims against the property held by various defendants, the only matter still in dispute is raised by a counterclaim of defendant Maurice Steingold. The counterclaim asserts that Steingold and other creditors of Video, Inc., hold a security interest in the subject real property. Subsequent to trial the parties have filed briefs.

For reasons stated in this opinion,…