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IN RE THOMAS

Bankruptcy No. 97-09508, Adversary No. 98-88406.

231 B.R. 8 (1999)

In the Matter of Robert C. THOMAS and Angel K. Thomas, Debtors. James W. Boyd, Chapter 7 Trustee, Plaintiff, v. NBD Bank, Defendant.

United States Bankruptcy Court, W.D. Michigan, Northern Division.

March 5, 1999.

Attorney(s) appearing for the Case

Michael I. Conlon, Traverse City, Michigan, for James W. Boyd, Chapter 7 Trustee.

Michael Long, Traverse City, Michigan, for NBD Bank.

OPINION REGARDING TRUSTEE'S ACTION UNDER 11 U.S.C. § 544(a)

JAMES D. GREGG, Chief Judge.

I. INTRODUCTION

This adversary proceeding arises out of a motor vehicle lease-purchase transaction in which the original lessor agreed to finance the lessees' subsequent purchase of the leased vehicle. The matter was tried to the court, without a jury, on stipulated facts. See Stipulated Facts. Robert...

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