MEMORANDUM OPINION AND ORDER
STANLEY B. BERNSTEIN, Bankruptcy Judge.
Introduction:
David A. Cuvrell, the Trustee of Talla, Inc. (Debtor), sued Robert A. LaLone for converting assets of the debtor. The debtor, Talla, Inc., was a closely-held Michigan corporation. At the time of its incorporation in April of 1977, the defendant, Robert LaLone, and Bobby E. Talsma were the only shareholders.
On May 9, 1977 the debtor borrowed $20,250 from Genesee...
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