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IN RE NWFX, INC.

No. 87-2360.

864 F.2d 588 (1988)

In Re: NWFX, INC., Debtor. Northwest Financial Express, Inc.; NWFX, Inc.; and Gold Financial Express, Inc. Allen W. BIRD, II, Trustee, Appellant, v. CROWN CONVENIENCE; Derby Refining Co., et al., Appellees.

United States Court of Appeals, Eighth Circuit.

Decided November 30, 1988.

Attorney(s) appearing for the Case

Allen W. Bird, II, Little Rock, Ark., for appellant.

C. Henry Kollenberg, Houston, Tex., for appellees.

Before BEAM, Circuit Judge, and BRIGHT and SNEED, Senior Circuit Judges.

BEAM, Circuit Judge.

Allen W. Bird, II, the Trustee for the bankruptcy estate of Northwest Financial Express (Northwest) appeals from an order of the district court holding that approximately $600,000 claimed by Northwest was not property of the estate and therefore not subject to an order of turnover under 11 U.S.C. § 542.

BACKGROUND

Northwest marketed money orders through retail grocery stores. The...

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