MATTER OF MATTO'S, INC.

Bankruptcy No. 80-03104-B, Adv. No. 80-1797-B.

9 B.R. 89 (1981)

In the Matter of MATTO'S, INC., Debtor. MATTO'S, INC., Plaintiff, v. OLDE COLONIE PLACE, Defendant.

United States Bankruptcy Court, E.D. Michigan.

February 5, 1981.


Attorney(s) appearing for the Case

Jaffe, Snider, Raitt, Garratt & Heuer by Lawrence K. Snider, Detroit, Mich. and Linda W. Etkin, for plaintiff.

Snyder & Handler, P.C. by Wallace M. Handler, Birmingham, Mich. and Arthur Cox, Rochester, Mich., for defendant.


OPINION

GEORGE BRODY, Bankruptcy Judge.

The question presented is whether a liquor license is property within the meaning of section 541(a) of the Bankruptcy Code and, if it is, whether the provisions of the Uniform Commercial Code dealing with perfection of a security interest, are applicable.

Olde Colonie Place, a Michigan copartnership ("Olde Colonie"), owned a restaurant business in Rochester, Michigan. In November of 1976, Olde Colonie sold...

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