In Re P.J. Nee Co.

MEMORANDUM OF OPINION

(Order Upon Priority Status of Bank)

PAUL MANNES, Bankruptcy Judge.

P.J. Nee Company (P.J. Nee), an old and established furniture company, filed its Chapter 7 petition on January 5, 1982, and went out of business abruptly. In the months prior to the entry of the order for relief, numerous customers made deposits and payments in full for the purchase of furniture that was never delivered. Only the herculean efforts of the Montgomery County Department of Consumer Affairs prevented the loss from becoming more widespread. That office, together with the trustee, arranged for…