MATTER OF IBERICA MFG., INC.

Bankruptcy No. 87-01898 (ESL).

180 B.R. 707 (1995)

In the Matter of IBERICA MANUFACTURING, INC., Debtor.

United States Bankruptcy Court, D. Puerto Rico.

March 31, 1995.


Attorney(s) appearing for the Case

Richard A. Lee, Richard A. Lee Law Office, San Juan, PR, for Diego Ferrer, Trustee.

Jorge Souss, Goldman, Antonetti & Cordova, San Juan, PR, for creditor Government Development Bank of Puerto Rico.


OPINION AND ORDER

ENRIQUE S. LAMOUTTE, Chief Judge.

Before the court is Trustee's Report On Sale (docket No. 197, filed on July 8, 1994) of debtor Iberica Manufacturing, Inc.'s real property located at Calle Munoz Rivera # 49, Juncos, Puerto Rico. The report of the sale conducted on May 31, 1994 contains a summation of costs as well as the commission paid to the trustee from the proceeds. Although the real property was encumbered by a mortgage in...

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