In Re National Hospital & Institutional Builders Co.

OPINION AND ORDER

CONNER, District Judge:

This is an appeal from an Order of Bankruptcy Judge John J. Galgay, dated July 1, 1983, finding that the Bankruptcy Court has summary jurisdiction to resolve the parties’ competing claims to certain funds in an escrow account at the Midland Bank & Trust Company (“Midland”). For the reasons set forth below, that decision is affirmed.

I

The background facts necessary to resolve the jurisdictional issue are not in dispute and can briefly be summarized as follows:

In August of 1977, National Hospital and Institutional Builders Company (“National” or “Debtor”)…