City of Phoenix v. A.J. Bayless Markets, Inc. (In Re A.J. Bayless Markets, Inc.)
United States Bankruptcy Court, D. Arizona
1Opinion of the Court
AMENDED MEMORANDUM OP DECISION
LESLIE TCHAIKOVSKY, Bankruptcy Judge.
The City of Phoenix, Arizona (the “City”) seeks payment of $20,791.78 (the “Sequestered Funds”) in proceeds from the sale of Debtor’s liquor licenses (the “Liquor Licenses”) in satisfaction of pre-petition sales tax (the “sales tax debt”). For the reasons set forth below, the Court finds for the City and orders the Debtor to turn over the Sequestered Funds to the City.
SUMMARY OF FACTS
Prior to the commencement of this chapter 11 case on February 29, 1988, the Debt- or operated food markets in Phoenix, Arizona. The Debtor sold…
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