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IN RE ALLAIN

Bankruptcy No. 585-00358-A07.

59 B.R. 107 (1986)

In re Dr. James Layne ALLAIN, Rosalie Mary Allain, Debtors.

United States Bankruptcy Court, W.D. Louisiana, Alexandria Division.

March 14, 1986.

Attorney(s) appearing for the Case

W.T. Armitage, Jr., Alexandria, La., for debtor-opponent.

Mark H. Kramar, Leesville, La., for Heal Corp.-movant.

MEMORANDUM RULING

LeROY SMALLENBERGER, Bankruptcy Judge.

On the 7th day of October 1982, Heal Corporation was formed by Dr. James Layne Allain and Dr. Ralph M. Hennessee. In 1983, Dr. William W. Summitt paid $50,000.00 to practice prothedontics in the practice, paying one-half that amount to Dr. Allain and one-half the amount to Dr. Hennessee. As a result, Heal Corporation was then owned by the three doctors, each...

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