24 Collier bankr.cas.2d 320, Bankr. L. Rep. P 73,760 in Re Brazier Forest Products, Inc., Brazier Forest Products of Oregon, Inc., Brazier Forest Industries, Inc. St. Paul Fire & Marine Insurance Company, a Minnesota Corporation v. Fort Vancouver Plywood Company, a Washington Corporation

921 F.2d 221 24 Collier Bankr.Cas.2d 320 , Bankr. L. Rep. P 73,760 In re BRAZIER FOREST PRODUCTS, INC., Brazier Forest Products of Oregon, Inc., Brazier Forest Industries, Inc. ST. PAUL FIRE & MARINE INSURANCE COMPANY, a Minnesota corporation, Appellant, v. FORT VANCOUVER PLYWOOD COMPANY, a Washington corporation, Appellee. No. 89-35424. United States Court of Appeals, Ninth Circuit. Argued and Submitted May 11, 1990. Decided Dec. 12, 1990. Richard L. Lambe, Ulin, Dann & Lambe, Seattle, Wash., for appellant. Lynn C. Tuttle, Hatch & Leslie, Seattle, Wash., for appellee Rainier Nat. Bank. Charles J. Pruitt, Spears, Lubersky, Bledsoe, Anderson, Young & Hilliard, Portland, Or., for appellee Fort Vancouver Plywood Co. Appeal from the United States District Court for the Western District of Washington. Before WRIGHT, POOLE and BRUNETTI, Circuit Judges. BRUNETTI, Circuit Judge: 1 Brazier Forest Products, Inc. and Brazier Forest Industries, Inc. ("Brazier") are lumber manufacturers. To finance its operations, Brazier obtained loans from appellee Rainier National Bank ("Rainier"), and gave Rainier security interests in its accounts receivable. 2 The United States Forest…