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IN RE STACY

Bankruptcy No. 87-40623-JFQ, Civ. A. No. 88-0199-F.

99 B.R. 142 (1989)

In re John Michael STACY, III, Debtor. Appeal of Robert MAGNACCA, Richard Duncan and Thomas Parnell.

United States District Court, D. Massachusetts.

April 24, 1989.

Attorney(s) appearing for the Case

Joseph A. Frank, West Springfield, Mass., and Michael Hassett, Keyes & Donnellan, Springfield, Mass., for appellants.

Harold B. Murphy, Hanify & King, Boston, Mass., and Maurice Cahillane, Egan, Flanagan & Egan, Springfield, Mass., for trustee and ComFed.

Mark Beglane, Bacon, Wilson, Ratner, Cohen, Salvage, Fitzgerald & Fialky, Springfield, Mass., for appellee, Lachowetz.

MEMORANDUM AND ORDER

FREEDMAN, Chief Judge.

I. INTRODUCTION AND BACKGROUND

As the facts of this case are labyrinthine, the Court will attempt to lay them out in some detail, as much for its own benefit as for the parties'.

A. The Debtor's Assets

On November 17, 1987, the debtor, John Michael Stacy, III ("Stacy"), filed a Voluntary Petition for Relief under Chapter 11 of Title 11 of...

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