In Re Pocono Airlines, Inc.
United States Bankruptcy Court, M.D. Pennsylvania
1Opinion of the Court
OPINION AND ORDER
THOMAS C. GIBBONS, Bankruptcy Judge:
The debtor, Pocono Airlines, Inc. (hereinafter “Debtor”) commenced this proceeding requesting this Court to vacate an earlier Order regarding the use of cash collateral entered into between the debtor and Northeastern Bank of Pennsylvania, N.A. (hereinafter “Bank”). For the reasons provided herein, we find that the Bank has properly perfected its security interest in the debt- or’s accounts receivable and, therefore, we will deny the debtor’s Motion to Vacate the Order regarding debtor’s use of cash collateral.
As of the filing of this…
2Cases cited4 opinions
- Ford Motor Credit Company v. Robert L. Weaver, John C. Weaver and Sons and Weaver Farms, DefendantsCourt of Appeals for the Sixth Circuit · 1982
- In Re McCrary Farm Supply, Inc., Debtor. American Cyanamid and Basf Wyandotte v. McCrary Farm Supply, Inc.Court of Appeals for the Eighth Circuit · 1983
- In the Matter of Mimshell Fabrics, Ltd., Bankrupt. New York Credit Men's Adjustment Bureau, Inc., Trustee v. C.I.T. CorporationCourt of Appeals for the Second Circuit · 1974
- Alsted Automotive Warehouse, Inc. v. Ford Motor Co. (In Re Alsted Automotive Warehouse, Inc.)United States Bankruptcy Court, E.D. New York · 1982
3Cited by2 opinions
- Slone v. Integra Bank/Pittsburgh (In Re International Building Components)United States Bankruptcy Court, W.D. Pennsylvania · 1993
- In Re Woodfield Furniture Clearance Ctr. of Suffolk, Inc.United States Bankruptcy Court, E.D. New York · 1989