PNC Bank, National Assoc. v. in Re Spring Ford Indus., Inc. (In Re Spring Ford Indus., Inc.)

MEMORANDUM AND ORDER

PRATTER, District Judge.

Plaintiff/Appellant PNC Bank, National Association appeals the Bankruptcy Court’s decision denying its motion for summary judgment in this adversary proceeding. The parties have briefed the issues and presented compelling oral argument. Both parties’ written and oral presentations are a credit to their respective clients. For the reasons set forth below, the Bankruptcy Court’s denial of PNC’s summary judgment motion and granting Spring Ford’s motion for summary judgment is affirmed.

I. FACTUAL AND PROCEDURAL HISTORY

A. BACKGROUND

On April 2, 2002,…