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IN RE SUNRISE ISLAND, LTD.

Bankruptcy Nos. 96-00396-C, 96-00395-C, Adv. Nos. 96-0088-C, 96-0156-C.

203 B.R. 171 (1996)

In re SUNRISE ISLAND, LTD., Debtor. SUNRISE ISLAND, LTD., Plaintiff, v. GOLDMAN SACHS & COMPANY, for the Benefit of Claude M. BALLARD, IRA Account No. 005990189, Defendant. In re LIMITED GAMING OF AMERICA, INC., Debtor. LIMITED GAMING OF AMERICA, INC., Plaintiff, v. GOLDMAN SACHS & COMPANY, for the Benefit of Claude M. BALLARD, IRA Account No. 005990189, Defendant.

United States Bankruptcy Court, N.D. Oklahoma.

December 5, 1996.

Attorney(s) appearing for the Case

Dana L. Rasure, Tulsa, OK, for Plaintiffs.

Patrick O'Connor, Tulsa, OK, for Defendant.

MEMORANDUM OPINION

STEPHEN J. COVEY, Bankruptcy Judge.

This matter came on to be heard on this 13th day of November, 1996 upon cross-motions for summary judgment filed herein by Plaintiffs, Sunrise Island, Ltd. (hereinafter "Sunrise") and Limited Gaming of America, Inc. (hereinafter "Gaming"), and Defendant, Goldman Sachs & Company for the benefit of Claude M. Ballard IRA Account No. 005990189 (hereinafter "Ballard"). Both Sunrise and Gaming are debtors...

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