IN RE BUNDY

Bankruptcy No. 80-B-10873, Adv. No. 80-5372-A.

15 B.R. 819 (1981)

In re Captain Robert F. BUNDY, Jr., D.D.S., Debtor. Harold YOUNG, Trustee, Plaintiff, v. PENTAGON FEDERAL CREDIT UNION and Dr. Robert F. Bundy, Jr., Defendants.

United States Bankruptcy Court, S.D. New York.

December 10, 1981.


Attorney(s) appearing for the Case

Harold Young, New York City, for Trustee.

John L. Edmonds, New York City, for defendant, Pentagon.


OPINION

ROY BABITT, Bankruptcy Judge:

Section 544(a) of the 1978 Bankruptcy Code,1 historically called the "strong-arm clause", gives to a bankruptcy trustee something more than its predecessor, Section 70(c), 11 U.S.C. (1976 Ed.) § 110(c), of the now repealed 1898 Act gave.2 For purposes of this dispute, however, a trustee under either statute stands by force of law

"as the ideal creditor...

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