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IN RE KING'S PLACE, INC.

Bankruptcy No. 80-00027, Adv. No. 80-0052.

6 B.R. 305 (1980)

In re The KING'S PLACE, INC., Debtor. The KING'S PLACE, INC., Plaintiff, v. The FIRST NATIONAL BANK OF STRASBURG, Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

October 2, 1980.

Attorney(s) appearing for the Case

Joseph H. Weiss Associates, Leonard P. Goldberger, Philadelphia, Pa., for debtor.

Jacques H. Geisenberger, Jr., and William M. Musser, III, Lancaster, Pa., for the First National Bank of Strasburg.

OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Defendant, The First National Bank of Strasburg [hereinafter referred to as the Bank], has filed a motion to dismiss the amended complaint of the plaintiff-debtor, The King's Place, Inc. For reasons hereinafter given, defendant's motion shall be granted in part and denied in part.1

The factual background, as appears from the various pleadings, is as follows: The debtor is...

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