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IN RE KORS, INC.

Bankruptcy No. 80-255, Adv. No. 82-0023.

50 B.R. 874 (1985)

In re KORS, INC., Debtor. David D. ROBINSON, Esquire, Trustee, Plaintiff, v. The HOWARD BANK, Rutland Industrial Development Corporation, and Small Business Investment Corporation of Vermont, Inc., Defendants.

United States Bankruptcy Court, D. Vermont.

June 21, 1985.

Attorney(s) appearing for the Case

David D. Robinson, Rutland, Vt., trustee.

Jerome I. Meyers, White River Junction, Vt., for trustee.

James S. Abatiell, Rutland, Vt., for Rutland Indus. Development Corp.

Donald Hackel, and William C. Dagger, Rutland, Vt., for The Howard Bank.

Andrew R. Field, Montpelier, Vt., for Small Business Investment Corp. of Vermont, Inc.

MEMORANDUM OPINION

CHARLES J. MARRO, Bankruptcy Judge.

The matter is before the court on the amended complaint of the trustee to avoid certain security interests in property of the debtor. Certain counterclaims and cross-claims are also before the court. Continued hearings after notice were held from time to time. From the records in the case, the stipulation filed, and the testimony adduced at the hearings, the facts set forth below have been established...

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