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MATTER OF PORTER

No. 4:95cv082 AS.

202 B.R. 109 (1996)

In the Matter of Michael John PORTER and Rosalie Ellen Porter, Debtors. MICHIGAN LIVESTOCK CREDIT CORPORATION, Appellant, v. Michael John PORTER and Rosalie Ellen Porter, Appellees. United States Trustee, Chapter 11 Trustee.

United States District Court, N.D. Indiana, Hammond Division.

October 18, 1996.

Attorney(s) appearing for the Case

David A. Rosenthal, Rosenthal Greives and O'Bryan, Lafayette, IN, for debtors/appellees.

Keith R. Fafarman, Gambs Mucker Bauman and Seeger, Lafayette, IN, Bruce T. Wallace, Hooper Hathaway Price Beuche and Wallace, Ann Arbor, MI, for appellant.

MEMORANDUM AND ORDER

ALLEN SHARP, Chief Judge.

Michigan Livestock Credit Corporation ("Michigan Livestock") appeals from an order of the United States Bankruptcy Court holding that a pair of written agreements between the debtors and Michigan Livestock constitute disguised security devices rather than bailment contracts. Specifically, Michigan Livestock argues that it retained ownership of hogs which were in the debtors' possession on the petition...

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