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IN RE COLONIAL MORTG. BANKERS CORP.

Civ. No. RLA 89-1452 (JAF), Bankruptcy No. B-87-03026 ESL, Adv. No. 88-0060 ESL.

128 B.R. 21 (1991)

In re COLONIAL MORTGAGE BANKERS CORP., Debtor. Hans LÓPEZ STUBBE, in his capacity as Trustee of Colonial Mortgage Bankers Corp., Plaintiff-Appellee, v. Milton J. RúA, a/k/a Milton Rúa Cabrer, a/k/a Milton Rúa, Jr.; Denise de Mauret, a/k/a Denise de Mauret de Rúa, and their legal conjugal partnership, Defendants-Appellants.

United States District Court, D. Puerto Rico.

June 17, 1991.

Attorney(s) appearing for the Case

David P. Freedman, O'Neill & Borges, San Juan, P.R., for plaintiff-appellee.

Harry Anduze-Montaño, Guillermo Ramos-Luiña, San Juan, P.R., for defendants-appellants.

OPINION AND ORDER

FUSTE, District Judge.

Milton J. Rúa, Jr. and his wife, Denise de Mauret de Rúa, (Rúa), Defendants-Appellants, seek review of a bankruptcy court judgment entered on May 15, 1989 in the case of In re Colonial Mortgage Bankers Inc., Debtor. Mr. Rúa was the president of the debtor corporation, a mortgage company. On December 30, 1987, Colonial filed for relief under Chapter 11 of the Bankruptcy Code. On February...

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