IN RE CAMELOT COURT, INC.

Bankruptcy No. 8100212.

21 B.R. 596 (1982)

In re CAMELOT COURT, INC., Debtor.

United States Bankruptcy Court, D. Rhode Island.

July 12, 1982.


Attorney(s) appearing for the Case

David J. Kehoe, Warwick, R.I., for Doris Kidd.

Jason D. Monzack, Halpert & Scoliard, Providence, R.I., trustee.

Thomas H. Quinn, Jr., Schectman & Quinn, Providence, R.I., amicus curiae.

F. William Buckley, Dist. Counsel for Small Business Administration, Providence, R.I., amicus curiae.


ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on the Trustee's objection to the secured claim of Doris Kidd, in which he raises the question whether a Rhode Island liquor license may be the subject of a security interest.

In 1979 Camelot Court, Inc. was the owner of a restaurant being operated by Linda and Salvatore DeSimone, who were also the sole shareholders. On October 23, 1979, the corporation obtained a loan from Doris Kidd, and as part of that transaction...

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