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IN RE BUBBA'S OF TENNESSEE, INC.

Bankruptcy No. 1-80-01454, Adv. No. 1-81-0069.

45 B.R. 82 (1984)

In re BUBBA'S OF TENNESSEE, INC., Debtor. C. Kenneth STILL, Trustee, Plaintiff, v. J.L. LESTER & SON, INC., Defendant.

United States Bankruptcy Court, E.D. Tennessee.

November 21, 1984.

Attorney(s) appearing for the Case

A. Alexander Taylor, II, Miller & Martin, Chattanooga, Tenn., for plaintiff.

Marson G. Dunaway, Jr., Rockmart, Ga. and William A. Dobson, Jr., Chattanooga, Tenn., for defendant.

MEMORANDUM

RALPH H. KELLEY, Bankruptcy Judge.

Background

For a number of years Harold M. Lasater, Sr., operated several grocery stores in the Chattanooga area. Upon his death his wife became the Executrix of his estate. She sold three grocery stores to H.W. Smith, Ernest Whitfield and Alfred Hewatt. The debtor corporation, Bubba's of Tennessee, Inc., was formed to own and operate the grocery stores. The new business was not successful. An involuntary...

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