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IN RE EUGENE ALEXANDER, INC.

Bankruptcy Nos. 94-01747-8C7, 94-02545-8C7 and 94-02547-8C7.

191 B.R. 920 (1994)

In re EUGENE ALEXANDER, INC., Debtor. In re Alexander Charles WALLACE, Debtor. In re Eugene STUTZMAN, Debtor.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

August 19, 1994.

Attorney(s) appearing for the Case

Michael Moran, Joy & Moran, Sarasota, Florida, for debtors, Eugene Alexander, Inc., Alexander Charles Wallace and Eugene Stutzman.

Robert E. Messick, Icard, Merrill, Cullis, Timm, Furen & Ginsburg, P.A., Sarasota, Florida, for Enterprise National Bank of Sarasota.

Traci Strickland, Trustee, St. Petersburg, Florida, for Wallace and Stutzman.

Bernard J. Morse, IV, Bernard J. Morse, P.A., Tampa, Florida, for Traci Strickland, Trustee.

Larry S. Hyman, Trustee, Tampa, Florida, for Eugene Alexander, Inc.

FINDINGS OF FACT AND CONCLUSIONS OF LAW REGARDING CONVERSION TO CHAPTER 11

C. TIMOTHY CORCORAN, III, Bankruptcy Judge.

I. PROCEDURAL BACKGROUND.

These are three separate Chapter 7 bankruptcy cases initiated by Eugene Alexander, Inc., a Florida corporation, Alexander Charles Wallace, and Eugene Stutzman, respectively, as debtors. The corporate debtor, Eugene Alexander, Inc., filed a voluntary...

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