MATTER OF PISCITELLO

Bankruptcy Nos. 84-02943-B, 84-02944-B and 84-02947-B, Adv. No. 84-1125-B.

67 B.R. 893 (1986)

In the Matter of Bartolo PISCITELLO Bart Lincoln Mercury, Inc. Bart Investments, Inc., Debtor. Paul BOROCK, Trustee, Plaintiff, v. MICHIGAN NATIONAL BANK OF DETROIT and Ann Piscitello, Defendants. MICHIGAN NATIONAL BANK, Third-Party Plaintiff, v. Bartolo PISCITELLO, Third-Party Defendant.

United States Bankruptcy Court, E.D. Michigan, S.D.

December 11, 1986.


Attorney(s) appearing for the Case

Dougherty & Schneider by Kenneth M. Schneider, Detroit, Mich., for trustee.

Buesser, Buesser, Blank, Lynch, Fryhoff & Graham by William O. Lynch, Bloomfield Hills, Mich., for Ann Piscitello.

Hammond Ziegelman Roach & Sotiroff, P.C. by Lawrence R. Abramczyk, Detroit, Mich., for Michigan Nat. Bank.


MEMORANDUM OPINION

GEORGE BRODY, Chief Judge.

This is an action instituted by the trustee of Bart Lincoln Mercury to avoid a security interest of the Michigan National Bank in property of the estate of the debtor. The facts have been stipulated and are as follows:

1. Debtor Bart Lincoln Mercury, Inc. ("Bart Lincoln Mercury") is a Michigan corporation, formerly having offices at 3400 East Jefferson Avenue, Detroit, Michigan.

2. From the inception...

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