In Re Walter W. Willis, Inc.

MEMORANDUM OPINION AND ORDER

LAMBROS, District Judge.

This case involves a petition by the Trustee in Bankruptcy to review the order of the Referee in Bankruptcy granting the petition for reclamation of the creditor, Associates Financial Services Corporation (“Associates”). The Trustee and Associates submitted to the Referee an agreed stipulation of facts. The Referee used this stipulation of facts as his findings of fact. These stipulated facts are as follows:

“1. That the various equipment claimed by Associates Financial Services Corporation from the bankrupt’s estate is claimed by virtue of…