In Re D. M. Christian Co.
United States Bankruptcy Court, N.D. West Virginia
1Opinion of the Court
MEMORANDUM OPINION
JOHN H. KAMLOWSKY, Bankruptcy Judge.
The D. M. Christian Company, a corporation, (hereinafter called Christian) filed a voluntary Chapter 11 petition in this District May 27, 1980 and as of that date, Christian was the operator of a retail department store located in Owosso, Michigan.
On October 16, 1980 William E. Upham, et al., filed an application to purchase the entire inventory and all of the fixtures of Christian. Christian has no other tangible assets. Thus, the granting of the application will result in a complete liquidation of Christian’s tangible assets.
11 U.S.C. §…
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