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IN RE NAUTILUS OF NEW MEXICO, INC.

Bankruptcy No. 11-87-00459 MA.

83 B.R. 784 (1988)

In re NAUTILUS OF NEW MEXICO, INC., fka Fitness Services Limited, Employer ID No. 85-0259312, Debtor.

United States Bankruptcy Court, D. New Mexico.

March 11, 1988.

Attorney(s) appearing for the Case

Bill J. Sholer, Albuquerque, N.M., for debtor.

P. Diane Webb, Asst. U.S. Trustee, Albuquerque, N.M.

Harry Relkin, Albuquerque, N.M., for General Members.

John F. Caffrey, Albuquerque, N.M., for Western Bank.

Jan E. Mitchell, Asst. U.S. Atty., Albuquerque, N.M.

Peter F. Lindborg, Albuquerque, N.M., for Elks, Weber and Lindborg.

Donald D. Becker, Albuquerque, N.M., for Riverpoint Members.

Filbert J. Montes, Albuquerque, N.M., for General Unsecured Creditors.

MEMORANDUM OPINION

MARK B. McFEELEY, Bankruptcy Judge.

This matter came before the Court for final hearing on the General Members Committee's Motion for Appointment of Trustee under 11 U.S.C. § 1104. Having considered the testimony, the exhibits and arguments of counsel and having taken notice of the bankruptcy files, the Court finds that the motion is well taken and should be granted.

FACTS

On March 5, 1987, the debtor, Nautilus of...

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