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IN RE MINNESOTA UTILITY CONTRACTING, INC.

Bankruptcy Nos. 4-88-1808-RJK, 4-88-1809-RJK, Adv. Nos. 4-88-177-RJK, 4-88-178-RJK, Civ. No. 4-89-668.

110 B.R. 414 (1990)

In re MINNESOTA UTILITY CONTRACTING, INC., and MUC Fleet Leasing & Sales, a partnership, Debtors. FIRST NATIONAL BANK IN ANOKA a national banking association, Plaintiff, v. MINNESOTA UTILITY CONTRACTING, INC., MUC Fleet Leasing & Sales, a partnership, Defendants.

United States District Court, D. Minnesota, Fourth Division.

February 1, 1990.

Attorney(s) appearing for the Case

Lawrence R. Johnson, Steffen & Munstenteiger, Anoka, Minn., Michael Nekich, Leonard, Street & Deinard, Minneapolis, Minn., for plaintiff.

Timothy D. Moratzka, Mackall, Crounse & Moore, Minneapolis, Minn., for defendant Minnesota Utility Contracting, Inc.

Michael B. LeBaron, Joseph W. Dicker, Larkin, Hoffman, Daly & Lindgren, Minneapolis, Minn., for defendant MUC Fleet Leasing & Sales.

MEMORANDUM AND ORDER

MacLAUGHLIN, District Judge.

This matter is before the Court on the appeal of First National Bank of Anoka from a June 2, 1989 order and judgment of the United States Bankruptcy Court. The judgment will be affirmed in part and reversed in part and remanded.

INTRODUCTION

On January 6, 1984, First National Bank of Anoka (Bank) and Minnesota Utility Contracting, Inc. (Contracting...

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