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IN RE ROCO CORP.

Bankruptcy No. 81-9055.

21 B.R. 429 (1982)

In re ROCO CORPORATION, d/b/a Standard Supply Company, Debtor. Edward CONSOVE, Appellant, v. Avram COHEN, Trustee, Roco Corporation, d/b/a Standard Supply Company, Appellee.

United States Bankruptcy Appellate Panel for the First Circuit.

June 25, 1982.

Attorney(s) appearing for the Case

John F. Bomster and Russell D. Pollock, Adler, Pollock & Sheehan, Providence, R.I., for appellant.

Edward J. Regan and Robert J. McGarry, Tillinghast, Collins & Graham, Providence, R.I., for appellee.

Before LAWLESS, Chief Judge, and GLENNON and LAVIEN, Bankruptcy Judges.

OPINION

LAVIEN, Bankruptcy Judge.

This is an appeal from the Decision of the Bankruptcy Court for the District of Rhode Island, 15 B.R. 813, relating to two transfers from the Debtor to the Appellant. The Appellant, Edward Consove, claims that the Bankruptcy Court erred in finding that a $300,000 note and security interest granted to him by the Debtor in exchange for his stock was...

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