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IN RE JOHN I. PAULDING, INC.

Bankruptcy No. 86-11403-HAL, Adv. No. 87-1037.

76 B.R. 7 (1987)

In re JOHN I. PAULDING, INC., Debtor. John F. CULLEN, trustee of the Estate of John I. Paulding, Inc., Plaintiff, v. REVERE COPPER & BRASS, INCORPORATED, Bedford Assets Corporation, Massachusetts Capital Resource Company, and BayBank Norfolk County Trust Company, Defendants.

United States Bankruptcy Court, D. Massachusetts.

June 24, 1987.

Attorney(s) appearing for the Case

John F. Cullen, Cullen & Resnick, Steven B. Levine, Brown, Rudnick, Freed & Gesmer, Boston, Mass., plaintiff/trustee and counsel to trustee.

Donald F. Farrell, Jr., Looney & Grossman, Boston, Mass., for debtor.

Michael Sharon, Nutter, McClennon & Fish, Boston, Mass., for Revere Copper & Brass, Inc. & Bedford Assets Corp.

Steven T. Greene, Riemer & Braunstein, Boston, Mass., for BayBank Norfolk County Trust Co.

William F. McCarthy, Ropes & Gray, Boston, Mass., for Massachusetts Capital Resource Co.

DETERMINATION OF MARSHALLING RIGHTS

HAROLD LAVIEN, Bankruptcy Judge.

The debtor filed its Chapter 11 on September 29, 1986. The case has since been converted to a Chapter 7. The parties have stipulated to the facts, and only those immediately relevant at this time are summarized. The debtor's assets have been sold and the proceeds can be segregated into two groups, real property and personalty, both of which are encumbered by security interest. BayBank Norfolk...

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