IN RE RUSSELL

Bankruptcy No. ED 84-58M.

60 B.R. 42 (1985)

In re Herbert E. RUSSELL, Debtor-in-Possession.

United States Bankruptcy Court, W.D. Arkansas, El Dorado Division.

March 28, 1985.


Attorney(s) appearing for the Case

James E. Smith, Jr., Little Rock, Ark., for debtor.

Isaac A. Scott, Little Rock, Ark., for Allied Bank.

Charles W. Baker, Little Rock, Ark., for Unsecured Creditors' Committee.


ORDER

JAMES G. MIXON, Bankruptcy Judge.

Herbert E. Russell, an individual, filed for relief under the provisions of Chapter 11 of the Bankruptcy Code on July 18, 1984. On August 14, 1984, schedules and statements of affairs were filed. The debtor lists $33,035,505.10 in assets and $23,250,718.65 in liabilities although he now admits that in reality liabilities exceed assets by a substantial amount. The case is complicated because of the diverse nature of...

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