Matter of J & L Transport, Inc.

ROBERT D. MARTIN, Chief Judge.

J & L Transport, Inc. (“J & L”), a chapter 11 debtor, has moved the court to order First Savings Leasing Corp. (“First Savings”), a secured creditor, to endorse four insurance checks made payable jointly to J & L and either First Savings or its assign-ee, Lyons Capital Resources, Inc. (“Lyons”). All four checks are the proceeds of insurance policies covering J & L trailers, which were damaged in accidents. The insurance policies named either First Savings or Lyons as loss payee. 1 The accidents occurred between November 25, 1984, and July 9, 1985. First Savings…