IN RE BSC AUDIO, INC.

Civ. No. 82-5178.

35 B.R. 722 (1983)

In re BSC AUDIO, INC., Debtor. Charles Darwin DAVIDSON, Trustee, Plaintiff/Appellee, v. INSURANCE COMPANY OF NORTH AMERICA, Defendant/Appellant.

United States District Court, W.D. Arkansas, Fayetteville Division.

April 11, 1983.


Attorney(s) appearing for the Case

Charles Phillip Boyd, Jr., Davidson Law Firm, P.A., Little Rock, Ark., for Charles Darwin Davidson, trustee.

Tod C. Bassett, Bassett, Bassett & Bassett, Fayetteville, Ark., for Insurance Co. of North America.

John A. Lewis, Warner & Smith, Fort Smith, Ark., for BSC Audio, Inc., debtor.


MEMORANDUM OPINION

H. FRANKLIN WATERS, Chief Judge.

I. Introduction

BSC Audio, Inc., is a bankrupt retailer of audio equipment in Fayetteville, Arkansas. The Trustee in Bankruptcy, Charles Darwin Davidson, filed a complaint at law on a contract in Bankruptcy Court to recover the proceeds of an insurance policy issued by the Insurance Company of North America to BSC Audio, Inc. As the bankruptcy proceeding was commenced prior to October 1...

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