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MATTER OF VIDEO GROUP, INC.

Bankruptcy No. 76-92170-H.

1 B.R. 624 (1979)

In the Matter of the VIDEO GROUP, INC., a Michigan Corporation, Debtor. BANK OF the COMMONWEALTH, a Michigan banking corporation, Plaintiff, v. Herbert S. KEIDAN, Receiver, Gordon T. Ford, and Pepisco Leasing Corporation (Chandler Leasing Division), Defendants.

United States Bankruptcy Court, E.D. Michigan, S.D.

December 14, 1979.

Attorney(s) appearing for the Case

Irving A. August, Birmingham, Mich., for bankrupt.

John W. Callahan, Hoops & Hudson, Detroit, Mich., for Bank of the Commonwealth.

Herbert S. Keidan, Birmingham, Mich., receiver for bankrupt.

Thomas B. Radom, Southfield, Mich., for Gordon T. Ford.

Sheldon S. Toll, Detroit, Mich., for Chandler Leasing.

OPINION

HARRY G. HACKETT, Bankruptcy Judge.

The instant action, although initiated by plaintiff Bank of the Commonwealth, against the receiver of the debtor, Gordon T. Ford, and Pepsico Leasing Corporation is in fact a controversy between the plaintiff Bank and defendant Gordon T. Ford.

The dispute has its genesis in two secured transactions, both occurring sometime in 1977. The transaction first in time involved the debtor, The Video Group, Inc...

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