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IN RE LE SUEUR'S FIESTA STORE, INC.

Bankruptcy No. B-81-2174-PHX-GBN.

40 B.R. 160 (1984)

In re LE SUEUR'S FIESTA STORE, INC., an Arizona corporation, Debtor.

United States Bankruptcy Court, D. Arizona.

June 20, 1984.

Attorney(s) appearing for the Case

J. Lawrence Dunlavey, Burch & Crac-chiolo, P.A., Phoenix, Ariz., for trustee.

Thomas J. Salerno, Streich, Lang, Weeks & Cardon, Phoenix, Ariz., for First Interstate Bank of Arizona, N.A.

Edward E. Davis, Davis & Meyers, Phoenix, Ariz., for debtor.

Richard G. Patrick, Asst. U.S. Atty., Phoenix, Ariz., for IRS.

ORDER

GEORGE B. NIELSEN, JR., Bankruptcy Judge.

First Interstate Bank of Arizona ("Bank") alleges the Trustee sold inventory and debtor's interest in a leased store location in Fiesta Mall for $5,000.00 and $75,000.00, respectively. It is alleged the Trustee is currently holding over $58,000.00 and the Bank's secured claim entitles it to the fund, less certain expenditures to be paid by order.

The Bank has presented evidence the debtor is obligated...

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