IN RE LARSON

Bankruptcy No. A-88-00291, Adv. No. A-88-00291-001.

99 B.R. 1 (1989)

In re William M. LARSON, Jr., M.D., dba Alaska Allergy and Pediatric Clinic, and Colleen L. Larson, aka Colleen L. Mueller, aka Colleen Mueller Larson, Debtor(s). William M. LARSON, Jr., and Colleen L. Larson, Plaintiff(s), v. ALLIANCE BANK, as successor-in-interest to United Bank Alaska, Municipality of Anchorage, Goentzel Builders, Inc., Kenai Supply, Inc., Scott Mechanical Construction, Inc., Spenard Builders Supply, Inc., Raven Electric, Inc., Fair Trade Construction, Inc., Landmark Associates, a/k/a Landmark & Associates, Roger Bjelland, Rory Bjelland, Howard Cornette, Don Eubanks, Carl S. Hornbeck, Gary Jacobsen, John Kerr, Paul J. Marsingill, Jr., John C. Parker, Jack Skeen, Ralph M. Tipton, Patrick T. Waters, Bob L. Whitt, Anthony W. Lerma, Mark Heatley d/b/a Spectrum Plumbing, Dennis Fairbanks, Linda Fairbanks, Paul Bunyan Contracting, Inc., Robert J. Baker, Anchorage Sand & Gravel Co., Inc., David Beeman Progressive Realty, Inc., Ameritone Paint Center, Anchorage Refuse, Inc., and Dale I. Freeman, Defendant(s).

United States Bankruptcy Court, D. Alaska.

April 19, 1989.


Attorney(s) appearing for the Case

Ralph B. Cushman, Law Offices of Ralph B. Cushman, Anchorage, Alaska, for plaintiffs/debtors.

Herbert Berkowitz, George R. Lyle, Guess & Rudd Anchorage, Alaska, for defendant, Alliance Bank.


AMENDED MEMORANDUM RE AWARD OF SUMMARY JUDGMENT TO ALLIANCE BANK

HERBERT A. ROSS, Bankruptcy Judge.

A motion for summary judgment was filed by the Larsons who are the plaintiffs in this adversary proceeding and the debtors in the chapter 7 case. The summary judgment motion seeks to establish that the Larsons may "strip down" the amount of the secured claim1 of Alliance Bank, secured by a deed of trust on nonexempt real estate,...

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