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IN RE ST. GEORGE ISLAND, LTD.

Bankruptcy No. 87-07193, Adv. No. 88-9136.

131 B.R. 197 (1991)

In re ST. GEORGE ISLAND, LTD., Debtor. ST. GEORGE ISLAND, LTD., Plaintiff, v. Richard L. PELHAM, Defendant.

United States Bankruptcy Court, N.D. Florida, Tallahassee Division.

August 1, 1991.

Attorney(s) appearing for the Case

John Barley, Tallahassee, Fla., for plaintiff.

John C. Lovett, Tallahassee, Fla., for defendant.

William Miller, Tallahassee, Fla., trustee.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

LEWIS M. KILLIAN, Jr., Bankruptcy Judge.

THIS MATTER came on for trial before this Court on February 13, 1991 and was concluded on March 5, 1991. The then Chapter 11 debtor, St. George Island, Ltd., filed a three count complaint on November 10, 1988, against the defendant, Richard L. Pelham and others. The Court, on March 20, 1989, dismissed Counts I and II. The remaining count is only against Pelham and seeks to avoid...

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