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IN RE ARROW MILL DEVELOPMENT CORP.

Bankruptcy No. 93-37013. Adv. No. 94-3051.

185 B.R. 190 (1995)

In re ARROW MILL DEVELOPMENT CORPORATION, Debtor. ARROW MILL DEVELOPMENT CORPORATION, Plaintiff, v. SHOPRITE OF CLINTON, Defendant.

United States Bankruptcy Court, D. New Jersey.

August 11, 1995.

Attorney(s) appearing for the Case

Shapiro & Shapiro, Robert P. Shapiro, Hackensack, NJ, for plaintiff/debtor Arrow Mill Development Corp.

Pennington & Thompson, P.C., Louis G. Rubino, Cherry Hill, NJ, for defendant ShopRite of Clinton, Inc.

OPINION

WILLIAM H. GINDIN, Chief Judge.

PROCEDURAL BACKGROUND

This matter comes before the court as an adversary proceeding to compel defendant ShopRite of Clinton, Inc. ("ShopRite") to turn over the proceeds of an escrow account pursuant to 11 U.S.C. § 541. At issue in the proceeding is the ownership of the escrow account which was created and funded by ShopRite. Plaintiff/debtor-in-possession Arrow Mill Development Corporation ("Arrow...

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