Legal Opinion
Seattle-first National Bank v. Drum Corps Ass'n of Spokane (In re Drum Corps Ass'n of Spokane)
United States Bankruptcy Court, E.D. Washington
Decided September 8, 1982No. Bankruptcy No. 81-00856-121; No. A81-0415-121Published
1Opinion of the Court
MEMORANDUM DECISION
L. WARDEN HANEL, Bankruptcy Judge.
This matter is before the Court for trial on plaintiff, Seattle-First National Bank’s complaint to lift stay pursuant to 11 U.S.C. § 362 and defendant, Drum Corps Association of Spokane, by the trustee, counter claim for turn over of funds pursuant to 11 U.S.C. § 542 and preferential transfer pursuant to 11 U.S.C. § 547.
FACTS
On May 11, 1981, the Debtor, DRUM CORPS ASSOCIATION OF SPOKANE, filed a Voluntary Petition for Relief under Chapter 7 of the Code. Scheduled among the assets of the Estate were a number of bank accounts at SEATTLE-FIRST…
2Cases cited3 opinions
- Zesbaugh, Inc. v. General Steel Fabricating, Inc.Washington Supreme Court · 1981
- American Fidelity Fire Insurance v. Paste-Ups Unlimited, Inc.District Court, S.D. New York · 1974
- Zesbaugh, Inc. v. General Steel Fabricating, Inc.Court of Appeals of Washington · 1980