In re THOMPSON DESIGNS, INC., d/b/a Pinnacle Homes, Debtor.
THOMPSON DESIGNS, INC., d/b/a Pinnacle Homes, Plaintiff,
v.
TREASURER OF HAMILTON COUNTY, Landmark Savings Bank, FSB, Pierce Drywall Plastering, Inc., Robert Glass & Services, Inc., Trimmasters, Inc., Greg Spindell, Williams Comfort Air, Inc., Goshert's Insulation Co., Canac Cabinetry Kitchen & Home Design Center by Charles Maranto, Savvy Decor by Linda Mordoh, Mees Tile & Marble, Bei, Inc., Sanders Building & Constructing Co., Inc., Matt Grubar, Inc., West Roofing & Supply Co., Dr. Michael Bennett & Marcha Bennett, MacDonald Tile, Kenton and Andrea Yokey, Blakely Wholesale Corp. d/b/a Tile Works, Inc., Defendants.
United States Bankruptcy Court, S.D. Indiana.https://leagle.com/images/logo.png
October 10, 1997.
October 10, 1997.
Attorney(s) appearing for the Case
Timothy Black, Hostetler & Kowalik, Indianapolis, IN, for Debtor/Plaintiff.
David J. Jurkiewicz, Fiewell & Hannoy, Indianapolis, IN, for Landmark Savings Bank and Angles & Lines.
John E. Bator, Cohen & Mald, Indianapolis, IN, for Pierce Drywall, Greg Spidell, Canac Cabinetry & Home Design, Savvy Decor by Linda Mordoh.
Robert G. Barker, Indianapolis, IN, for Robert Glass & Services.
Wendy Ponander, Baker & Dainiels, Indianapolis, IN, for Goshert's Insulation Company.
Michael J. Andreoli, Zionsville, IN, for Sanders Building & Constructing.
Michael J. Hebenstreit, Kroger Gardis & Regis, Indianapolis, IN, for Matt Grubar, Inc.
John Graub, II, Rubin & Levin, Indianapolis, IN, for West Roofing & Supply.
Jay P. Kennedy, Kroger Gardis & Regis, Indianapolis, IN, for Dr. Michael Bennett & Marcha Bennett.
John Merlau, New Palestine, IN, for MacDonald Tile.
David J. Theising, Christopher & Taylor, Indianapolis, IN, for Blakely Wholesale Corp.
Raymond M. Adler, Noblesville, IN, for Schuler Plumbing, Inc.
Mark E. Need, William Hewitt & Robbins, Greenwood, IN, for Kenton Yokey & Andrea Yokey.
Linda Corbett, Louisville, KY, for Mees Tile & Marble.
Brian Weiss, Indianapolis, IN, for Williams Comfort Air.
United States Bankruptcy Court, S.D. Indiana.
OPINION
LARRY L. LESSEN, Bankruptcy Judge.
The issue before the Court is the relative priority of the lien of Kenton and Andrea Yohey ("the Yoheys") created pursuant to 11 U.S.C. § 365(j) against the sale proceeds of a home which the Yoheys had a contract to purchase from Thompson Designs, Inc. ("DIP").
On or about April 4, 1996, DIP, by its authorized agent, entered into a contract with the Yoheys to build a home and to sell them the home and...
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