Allison v. Gate Electronics, Inc. (In Re Mycro-Tek, Inc.)

MEMORANDUM OPINION AND ORDER

JULIE A. ROBINSON, Bankruptcy Judge.

This matter comes on for consideration of the plaintiff Trustee’s motion for judgment against defendant garnishee Union Bank, f/d/ b/a California First Bank. The Trustee ap pears by counsel J. Michael Morris. The defendant garnishee appears by counsel Robert E. Nugent. In its answer, the Bank asserted an intervening claim or alternatively a right of setoff in the funds. The parties have submitted this matter on stipulations and memoranda of law and the matter is now ready for decision.

FINDINGS OF FACT

The parties have stipulated…