IN RE EXECUTIVE GROWTH INVESTMENTS, INC.

Bankruptcy No. LA 82-04499-JA, Adv. No. LA 83-4662-JA.

40 B.R. 417 (1984)

In re EXECUTIVE GROWTH INVESTMENTS, INC., a California corporation, Debtor. Martin A. RECHNITZER, Trustee, Plaintiff, v. James D. BOYD; Domenica Boyd; Mas De Hes; Maria De Hes; Keith Douthit; Mrs. Evelyn Feldman; Ms. Lillian Gross; David Nazzarro; James J. Sackett; Anthony M. Silva, Defendants.

United States Bankruptcy Court, C.D. California.

May 23, 1984.


Attorney(s) appearing for the Case

Robert A. Hessling, Cohen, England, Whitfield & Osborne, Oxnard, Cal., for defendant, Evelyn Feldman.

Edward B. Rasch, Santa Monica, Cal., Martha A. Warriner, Los Angeles, Cal., for plaintiff.

James T. Eichstaedt, Los Angeles, Cal., U.S. Trustee.

Edward M. Wolkowitz, Robinson, Wolas & Diamant, Los Angeles, Cal., for debtor.


MEMORANDUM OF DECISION

JOHN D. AYER, Bankruptcy Judge.

INTRODUCTION

This is a conflict over ownership of a fractional interest in a promissory note. The defendant argues that the interest is hers because she bought and paid for it. The trustee claims it for the estate, using the trustee's strong-arm power. Though assembling the facts is something like solving an N-dimensional Rubik's Cube, the law seems to me reasonably straightforward. I hold...

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