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MATTER OF FOUNT-WIP DISTRIBUTORS OF SO. JERSEY

Bankruptcy No. B-79-00453.

4 B.R. 424 (1980)

In the Matter of FOUNT-WIP DISTRIBUTORS OF SOUTH JERSEY, INC., Bankrupt.

United States Bankruptcy Court, D. New Jersey.

June 11, 1980.

Attorney(s) appearing for the Case

Edward Katman, pro se, and Michael J. Kline, Camden, N.J., of counsel, for trustee, Edward Katman.

Davis & Reberkenny by William Hogan, Cherry Hill, N.J., for First Peoples Bank of New Jersey.

Lacktman, Natal & Kasen, by David A. Kasen, Haddonfield, N.J., for bankrupt, Fount-Wip Distributors of South Jersey, Inc., and Estate of Etta Braverman.

WILLIAM LIPKIN, Bankruptcy Judge.

On March 5, 1979 Fount-Wip Distributors of South Jersey, Inc., (Fount-Wip), filed a voluntary Petition in Bankruptcy in this District and Edward Katman was subsequently appointed Trustee of the Estate.

The principal stockholder and officer of Fount-Wip was Etta Braverman (Braverman).

At the time of filing of the Petition there was in effect a life insurance policy on the life...

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