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IN RE DEXTER BUICK-GMC TRUCK CO.

Bankruptcy No. BK-79-146.

2 B.R. 247 (1980)

In re DEXTER BUICK-GMC TRUCK COMPANY, Debtor. BRUNSWICK AGENCY, INC., Plaintiff, v. James L. TAFT, Jr., Receiver, Defendant.

United States Bankruptcy Court, D. Rhode Island.

January 18, 1980.

Attorney(s) appearing for the Case

John Moore, Providence, R.I., for plaintiff.

Taft, McSally & McKenna, Providence, R.I., for defendant.

MEMORANDUM OPINION

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on September 5, 1979, on the complaint of Brunswick Agency, Inc. to reclaim certain funds in the possession of the Debtor.

The relevant facts, not in dispute, are as follows: On February 22, 1979, Brunswick Agency, Inc. entered into a "Credit Insurance Servicing Agreement" with Dexter Buick, the Debtor corporation. By the terms of this Agreement, Brunswick was to issue insurance...

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