Hostmann v. Wilbur-Ellis Co. (In re John W. Stoller, Inc.)

OPINION

FRYE, District Judge:

In the matter before the court, defendant Wilbur-Ellis Company appeals from the final judgment of the bankruptcy court entered on September 22, 1994.

The undisputed facts are set forth in the opinion of the Honorable Donal D. Sullivan, United States Bankruptcy Judge for the District of Oregon, filed on September 22, 1994. The undisputed facts are as follows:

Wilbur and Helen Stoller sold the property [known as the Home Place] to John Stoller Inc. for $400,000 by a land sale contract dated October 27,1988. Wilbur and Helen retained a life estate for themselves in the…