Andriacchi's, Inc. v. Pike (In Re Pike)

OPINION

MILES, Senior District Judge.

This appeal arises from a final order of the bankruptcy court dated August 13, 1985. That order granted the appellees superior and prior rights to liquor licenses of the debtor and ordered the trustee to abandon the licenses.

On November 14, 1983, the debtor, Alan K. Pike, entered into a purchase agreement with Andriacchi’s Inc., one of the appellees. The agreement was for the sale of a bar and restaurant. Pike purchased the real property on a land contract and the personal property by way of a promissory note. Both the note and the contract were secured by…