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IN RE CRABTREE

Bankruptcy No. 3-83-01116, Adv. No. 3-84-0353.

48 B.R. 528 (1985)

In re David A. CRABTREE, a/k/a West Knoxville Investment Company, Inc., Debtor. D. Broward CRAIG, Trustee, Plaintiff, v. UNION COUNTY BANK, Defendant, James R. Martin, Trustee of the Estate of C.H. Butcher, Jr.; Garrett Enterprises, Inc., Intervenors.

United States Bankruptcy Court, E.D. Tennessee.

April 12, 1985.

Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, Mark C. Ellenberg, Washington, D.C., Walker & Walker, P.C. John A. Walker, Jr., Knoxville, Tenn., for plaintiff.

Stephen R. Moseley, Donald K. Vowell, Knoxville, Tenn., for defendant Union County Bank.

James R. Moore, Knoxville, Tenn., for intervenor, James R. Martin, Trustee of the estate of C.H. Butcher, Jr.

J. Michael Winchester, Knoxville, Tennessee for intervenor, Garrett Enterprises.

MEMORANDUM

CLIVE W. BARE, Bankruptcy Judge.

At issue is whether the debtor's estate has an interest of consequential value or benefit entitling the trustee to turnover of a debenture and a stock certificate. 11 U.S.C.A. § 542(a) (1979). Denying the estate has any equity in the debenture and stock, Union County Bank (UCB) asserts it has a perfected security interest and that it is entitled to relief from the automatic stay to enforce its interest. 11...

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