Summary
holding under the Bankruptcy Act that the debtor-in-possession "was given the right to avoid CVF's security interest in order to protect such third parties, not to create a windfall for [the debtor-in-possession] itself" and that "[t]o the extent that other creditors . . . are not affected adversely by the enforcement of CVF's security interest, there is no reason why such interest should not be enforced"
Summary of this case from In re MurphyOpinion
No. 84-601.
December 10, 1984.
C.A. 3d Cir. Certiorari denied. Reported below: 738 F. 2d 1393.