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IN RE SLEFCO

Bankruptcy Nos. AP 88-560, PB 87-518S.

107 B.R. 628 (1989)

In re SLEFCO. SLEFCO, Plaintiff, v. FIRST NATIONAL BANK OF STUTTGART, Defendant.

United States Bankruptcy Court, E.D. Arkansas, Pine Bluff Division.

October 27, 1989.

Attorney(s) appearing for the Case

Richard Ramsay, Kim Tucker, Pine Bluff, Ark., John Gregg, Batesville, Ark., for debtors.

Baker Kurrus, Little Rock, Ark., for First Nat. Bank of Stuttgart.

Walter Dickinson, Little Rock, Ark., Trustee.

MEMORANDUM OPINION

MARY D. SCOTT, Bankruptcy Judge.

Now before the Court is an Objection and Counterclaim to the Claim filed by First National Bank of Stuttgart ("FNB"). Slefco is an Arkansas general partnership. In addition to the partnership, three of its partners have sought the protection of the bankruptcy court. On June 9, 1987, Carl W. Simpson filed a Chapter 7 bankruptcy case, PB 87-240, and an adversary...

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