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IN RE CLAY

Bankruptcy No. 97-21296-7. Adversary No. 98-2070.

241 B.R. 534 (1999)

In re Paul CLAY, Mary Clay, Debtors. Myrtle McDonald, Trustee, Plaintiff, v. Farmers Insurance Exchange, Truck Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Company, Farmers New World Life Insurance Company, Texas Farmers Insurance and Farmers Texas County Mutual, Defendants, v. Paul Clay, Third Party Defendant.

United States Bankruptcy Court, N.D. Texas, Amarillo Division.

December 6, 1999.

Attorney(s) appearing for the Case

Rodney R. Betts, Amarillo, TX, for debtors.

Samuel Allen, Jackson Walker, LLP, San Angelo, TX, for Farmers Insurance Exchange.

Myrtle McDonald, Lubbock, TX, Chapter 7 Trustee.

MEMORANDUM OF OPINION ON PROPERTY OF THE ESTATE

JOHN C. AKARD, Bankruptcy Judge.

Myrtle McDonald, the Trustee-in-Bankruptcy (Trustee) for Paul Clay and Mary Clay (Debtors), seeks to have Farmers Insurance Exchange, Truck Insurance Exchange, Fire Insurance Exchange, Mid-Century Insurance Company, Farmers New World Life Insurance Company, Texas Farmers Insurance, and Farmers Texas County Mutual (Companies) turn over to her the "Contract Value" of Mr. Clay...

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