Universal Profile, Inc. v. Atlanta Federal Savings & Loan Ass'n (In Re Universal Profile, Inc.)

ORDER

HUGH ROBINSON, Bankruptcy Judge.

This matter came before the Court on motion to dismiss third party complaint filed by third party defendant Karl A. Kan-dell on July 14, 1980: Having reviewed the motion and the briefs submitted by the parties, the Court makes the following decision.

FINDINGS OF FACT

1. Universal Profile, Inc., (hereinafter referred to as “UPI”), filed a voluntary petition under chapter 11 of title 11 of the United States Code on February 5, 1980.

2. Karl A. Kandell, (“hereinafter referred to as ‘Kandell’ ”) is the sole director, officer and shareholder of UPI.

3. At one time…