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IN RE P.J. NEE CO.

Bankruptcy No. 82-1-0008.

36 B.R. 609 (1983)

In re P.J. NEE COMPANY, Debtor.

United States Bankruptcy Court, D. Maryland.

December 29, 1983.

Attorney(s) appearing for the Case

Charles Docter, Kensington, Md., Trustee of the estate.

Daniel Litt, Washington, D.C., Maryland Nat. Bank.

MEMORANDUM OF OPINION

(Order Upon Priority Status of Bank)

PAUL MANNES, Bankruptcy Judge.

P.J. Nee Company (P.J. Nee), an old and established furniture company, filed its Chapter 7 petition on January 5, 1982, and went out of business abruptly. In the months prior to the entry of the order for relief, numerous customers made deposits and payments in full for the purchase of furniture that was never delivered. Only the herculean efforts of the Montgomery...

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