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IN RE DEXTER BUICK-GMC TRUCK CO.

Bankruptcy No. BK-79-146.

2 B.R. 253 (1980)

In re DEXTER BUICK-GMC TRUCK COMPANY, Debtor. James L. TAFT, Jr., Receiver, Plaintiff, v. JAKE KAPLAN, LTD., Defendant.

United States Bankruptcy Court, D. Rhode Island.

January 18, 1980.

Attorney(s) appearing for the Case

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

Alton W. Wiley, Providence, R.I., for defendant.

MEMORANDUM OPINION

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on the complaint of the Receiver of Dexter Buick-GMC Truck Company (Dexter) to enjoin Jake Kaplan, Ltd. (Kaplan) from selling ten automobiles out of Dexter's inventory, and in which GMAC had a perfected security interest. An order entered by this Court on May 21, 1979 authorized Kaplan to sell six of the vehicles in question, with the proceeds held in an interest bearing escrow account pending...

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