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IN RE HOLMES ENVIRONMENTAL, INC.

Bankruptcy No. 02-70034-S, Adversary No. 02-07029-S.

287 B.R. 363 (2002)

In re HOLMES ENVIRONMENTAL, INC., Debtor. Holmes Environmental, Inc., Plaintiff, v. Suntrust Banks, Inc. and Hazmed, Inc., Defendants.

United States Bankruptcy Court, E.D. Virginia, Norfolk Division.

July 18, 2002.

Attorney(s) appearing for the Case

Richard E. Biemiller, Wolcott, Rivers, Wheary, Basnight & Kelly, Virginia Beach, VA, for Holmes Environmental, Inc.

Debera F. Conlon, Office of the U.S. Trustee, Norfolk, VA, for U.S. Trustee.

Andrew J. Dolson, Richmond, VA, for Sun Trust Bank.

John D. McIntyre, Willcox & Savage, P.C., Norfolk, VA, for Hazmed, Inc.

MEMORANDUM OPINION AND ORDER

STEPHEN C. ST. JOHN, Bankruptcy Judge.

These matters came on for hearing and trial, respectively, on May 28, 2002 on the Motion to Reject Executory Contract ("Motion") and the Amended Complaint for Turnover of Proceeds pursuant to 11 U.S.C. § 542 ("Amended Complaint"), each filed by the debtor. After the conclusion of the hearing and trial, the Court took both the Motion and the Amended Complaint under advisement...

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