IN RE BEACON 21 DEVELOPMENT CORP.

Bankruptcy No. 86-00888-BKC-TCB, Adv. No. 86-0409-BKC-TCB-A.

65 B.R. 60 (1986)

In re BEACON 21 DEVELOPMENT CORP., Debtor. SUNPOINT SAVINGS BANK, Plaintiff, v. BEACON 21 DEVELOPMENT CORP., American Pioneer S & L Assoc., and Thomas Haldane, as Chairman and Representative of Creditors' Committee, Defendants.

United States Bankruptcy Court, S.D. Florida.

August 1, 1986.


Attorney(s) appearing for the Case

Norman L. Schroeder, II, McGee, Jordan, Shuey, Koons, Schroeder & Morris, P.A., Lake Worth, Fla., for plaintiff.

Gary I. Zwickel, West Palm Beach, Fla., for defendant Beacon 21.

James E. Copeland, North Palm Beach, Fla., for Creditors' Committee.

James H. McCarty, Jr., Fort Pierce, Fla., for defendant American Pioneer.

Harry D. Lewis, Holland & Knight, Miami, Fla., for Chicago Title.


MEMORANDUM DECISION

THOMAS C. BRITTON, Chief Judge.

Plaintiff seeks recovery of $756,919, the net proceeds of a loan improperly disbursed by the escrow agent to the debtor after bankruptcy. The creditors' committee appointed in this case has answered, asserting that the funds belong to the estate. The matter was tried on July 22.

The facts are completely undisputed and, so far as they are essential to this decision, are simple.

On March 24...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases