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IN RE LARSON

Bankruptcy No. 90-05863, Adv. No. 92-7043.

147 B.R. 39 (1992)

In re R.L. LARSON, a/k/a Raymond Larson, Debtor. Ray LARSON, Plaintiff, v. Gary CAMERON, Trustee, Defendant.

United States Bankruptcy Court, D. North Dakota.

October 2, 1992.

Attorney(s) appearing for the Case

Jay D. Carlson, Fargo, N.D., for trustee/defendant.

Steven Bergeson, Bloomington, Minn., for plaintiff.

MEMORANDUM AND ORDER

WILLIAM A. HILL, Bankruptcy Judge.

By complaint filed on April 28, 1992, the Plaintiff/Debtor, Raymond Larson, alleges that his options to purchase 10,000 shares of High Plains Corporation (HPC) stock issued to him are compensation for his services as a director of HPC. As such, the stock options are wages and therefore excluded from the property of the estate pursuant to 11 U.S.C. § 541(a)(6). The trustee disagrees and asserts...

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