IN RE SACO LOCAL DEVELOPMENT CORP.

Bankruptcy Nos. 281-00151 through 281-00154.

23 B.R. 644 (1982)

In re SACO LOCAL DEVELOPMENT CORP., Leather Comfort Corporation, Kirstein Leather Co. d/b/a Saco Tanning Corp., Kirstein Split Corporation, Debtors.

United States Bankruptcy Court, D. Maine.

October 1, 1982.


Attorney(s) appearing for the Case

Gregory A. Tselikis, Charles E. Miller, Bernstein, Shur, Sawyer & Nelson, Portland, Me., for trustee.

Peter S. Plumb, Clarke C. Hambley, Murray, Plumb & Murray, Portland, Me., for Northwestern.


MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

The debtors filed for relief under chapter 11 of the Bankruptcy Code on March 26, 1981.1 On May 18, 1981 Northwestern National Life Insurance Company (Northwest) filed a proof of claim in which it asserted its entitlement to a priority under 11 U.S.C. § 507(a)(3) and (4)2 for earned but uncollected premiums due it on two insurance policies...

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