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IN RE O.P. HELD, INC.

Bankruptcy No. 87-00337.

77 B.R. 388 (1987)

In re O.P. HELD, INC., Debtor.

United States Bankruptcy Court, N.D. New York.

July 17, 1987.

Attorney(s) appearing for the Case

Penberthy, Kelly & Walthall, P.C., Utica, N.Y. for movant; William W. Kelly, of counsel.

Vincent R. Corrou, Utica, N.Y., for debtor.

Menter, Rudin & Trivelpiece, P.C., Syracuse, N.Y., for Syracuse Supply Co., Inc.; Peter L. Hubbard, of counsel.

Bond, Schoeneck & King, Syracuse, N.Y., for Otto P. Held; Robert K. Weiler, of counsel.

MEMORANDUM-DECISION, FINDINGS OF FACT, CONCLUSIONS OF LAW AND ORDER

STEPHEN D. GERLING, Bankruptcy Judge.

FINDINGS OF FACT

O.P. Held, Inc. ("Debtor") filed a voluntary petition for relief under Title 11 of the Bankruptcy Code, 11 U.S.C. §§ 101-1330 ("Code") on March 13, 1987.

On April 7, 1987, Ronald E. Campion ("Campion"), a receiver appointed in a state court mortgage foreclosure action instituted by the Bank of Utica ("Bank...

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