MATTER OF B. SIEGEL CO.

Bankruptcy No. 84-04327-B.

51 B.R. 159 (1985)

In the Matter of B. SIEGEL COMPANY, a Michigan corporation, Debtor.

United States Bankruptcy Court, E.D. Michigan, S.D.

July 18, 1985.


Attorney(s) appearing for the Case

Joseph S. Radom, P.C. by Thomas B. Radom, Ruth P. Goldberg, Southfield, Mich., for debtor.

Sullivan, Ward & Bone, P.C. by Richard G. Ward, Detroit, Mich., for Centennial Ins. Co.


MEMORANDUM OPINION

GEORGE BRODY, Bankruptcy Judge.

The question presented is whether an insurance contract is an executory contract and, if it is, whether the operation of an "at will" termination clause is limited by the prohibitions in section 365(e)(1) of the United States Bankruptcy Code. 11 U.S.C. § 365(e)(1).

The facts as stipulated by the parties and as developed at the evidentiary hearing are as follows:

1. Centennial Insurance...

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