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IN RE KEENE CORP.

Bankruptcy No. 93 B 46090 (SMB).

188 B.R. 881 (1995)

In re KEENE CORP., Debtor.

United States Bankruptcy Court, S.D. New York.

October 17, 1995.

Attorney(s) appearing for the Case

Berlack Israels & Liberman, (Edward S. Weisfelner, of counsel), New York City, for Debtor Keene Corporation.

Marcus Montgomery Wolfson, P.C., (John J. Preefer, Eric P. Wainer, of counsel, and Jeanne L. Schroeder, Special Counsel), New York City, for Official Committee of Unsecured Creditors of Keene Corp.

Mayer Brown & Platt (Lawrence K. Snider, Richard G. Ziegler, John J. Voorhees, Jr., Raniero D'Aversa, of counsel), Chicago, Illinois, for Bank of America Illinois, f/k/a Continental Bank, N.A.

MEMORANDUM DECISION AND ORDER DENYING MOTION TO MODIFY THE AUTOMATIC STAY

STUART M. BERNSTEIN, Bankruptcy Judge.

The matter before the Court involves the analytically complex, related issues of how to create a security interest in book-entry Treasury securities, and how to describe that interest in a security agreement. Bank of America Illinois, formerly known as Continental Bank N.A. (the "Bank"), moves...

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