In Re LMS Holding Co.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

STEPHEN J. COVEY, Bankruptcy Judge.

This matter came on to be heard upon the motion of LMS Holding Company, an Oklahoma corporation, Petroleum Marketing Company, an Oklahoma corporation and Retail Marketing Company, an Oklahoma corporation (“Debtors”). The bankruptcy eases of the three Debtors were previously consolidated for joint administration by order of this Court. Debtors seek a partial distribution of approximately $1,000,000.00 of funds in their possession to the First National Bank of Boston and Bank IV Oklahoma, N.A. (“Banks”). The funds at…