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IN RE WALSH TRUCKING CO., INC.

Bankruptcy Nos. 85-03260, 85-03266, 85-03287, 85-03286 and 85-03267.

67 B.R. 863 (1986)

In re WALSH TRUCKING CO., INC. a New Jersey Corporation; National Retail Transportation, Inc., a New Jersey Corporation; Coastal Freight Lines, Inc., a Pennsylvania Corporation; Hempstead Delivery Co., Inc., a New York Corporation; and Francis J. Walsh, Jr., d/b/a Frank Walsh Financial Resources, Debtors.

United States Bankruptcy Court, D. New Jersey.

December 9, 1986.

Attorney(s) appearing for the Case

Schwartz, Tobia & Stanziale, P.A., Montclair, by Ben H. Becker, for trustee.

Bathgate, Wegener, Wouters & Neumann, Lakewood, by Timothy P. Neumann, for Francis J. Walsh, Jr. and Frank Walsh Financial Resources.

OPINION

WILLIAM H. GINDIN, Bankruptcy Judge.

On June 20, 1985 the individual debtor, Francis J. Walsh, Jr., d/b/a Frank Walsh Financial Resources, filed a petition pursuant to Chapter 11 of the Bankruptcy Code. On March 12, 1986 the Court authorized the appointment of a trustee for the debtor. Raymond T. Lyons, Jr. was appointed trustee and began functioning in such capacity on April 25, 1986.

A hearing was held pursuant to 11 U.S.C. § 341(a...

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