Johnson v. Johnson

ORDER

TERRENCE W. BOYLE, District Judge.

This matter is before the Court on an appeal by the Carlyle Johnson, executor of the estate of Nancy Johnson, of an order by the United States Bankruptcy Court for the Eastern District of North Carolina. For the following reasons, the judgment of the Bankruptcy Court is REVERSED and the matter is REMANDED for further proceedings consistent with this opinion.

INTRODUCTION

Johnson Enterprises of North Carolina, Inc. (“JENC”) is a closely held corporation organized under the laws of the state of North Carolina with its principal office in Raleigh, North…