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IN RE REMCOR, INC.

Bankruptcy No. 95-22204-BM. Motion No. 95-1250M. Related To Motion No. 95-1125M.

186 B.R. 629 (1995)

In re REMCOR, INC., a/k/a Remedial Corporation, Debtor. PREMIUM FINANCING SPECIALISTS, INC., Movant, v. REMCOR, INC., a/k/a Remedial Corporation, Respondent.

United States Bankruptcy Court, W.D. Pennsylvania.

September 14, 1995.

Attorney(s) appearing for the Case

Robert S. Bernstein, John B. Joyce, Bernstein and Bernstein, P.C., Pittsburgh, PA, for Remcor, Inc.

George M. Cheever, Kirkpatrick & Lockhart, L.L.P., Pittsburgh, PA, for Premium Financing Specialists, Inc.; Rodney J. Hoffman, Slagle, Bernard & Gorman, P.C., Kansas City, MO of counsel.

Neil F. Siegel, Nancy L. Heilman, Cohen & Grigsby, P.C., Pittsburgh, PA, for Sunbeam Corp.

Many Emamzadeh, Klett, Lieber, Rooney & Schorling, Pittsburgh, PA, for Dollar Bank, FSB.

Frederick R. Reed, Drew T. Parobek, Vorys, Sater, Seymour & Pease, Cincinnati, OH, for ATC Environmental, Inc.

MEMORANDUM OPINION

BERNARD MARKOVITZ, Bankruptcy Judge.

Premium Financing Specialists, Inc. (hereinafter "PFS") has brought a motion for modification of an order issued on July 5, 1995, wherein PFS was granted relief from the automatic stay to cancel certain insurance policies issued in debtor's name for which PFS had advanced funds to pay the premiums. PFS asserts that it has a valid and enforceable first...

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