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MATTER OF CLIFF'S RIDGE SKIING CORP.

Bankruptcy No. GM 87-00206.

123 B.R. 753 (1991)

In the Matter of CLIFF'S RIDGE SKIING CORPORATION, d/b/a Marquette Mountain, Debtor.

United States Bankruptcy Court, W.D. Michigan.

February 5, 1991.

Attorney(s) appearing for the Case

James R. Jessup, Marquette, Mich., for First Nat. Bank & Trust Co. of Marquette.

W. Scott Chilman, Ishpeming, Mich., for Cliff's Ridge Development Co.

Robert D. Mollhagen, Lansing, Mich., for First of America Bank — Marquette, N.A.

OPINION RESOLVING ENTITLEMENT TO CHAIRLIFT SALE PROCEEDS

JAMES D. GREGG, Bankruptcy Judge.

INTRODUCTION

In this contested matter, three creditors are fighting over sale proceeds from a ski chairlift. Although the parties have attempted to settle this matter, this has not been possible. The Court will therefore grapple with the issues and render a decision.

The issues presented are many. Was the chairlift a fixture? Which creditor has, or...

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