IN RE PTI HOLDING CORP.

Bankruptcy Nos. BK-N-06-50140 to BK-N-06-50146, Adversary No. 06-5051.

346 B.R. 820 (2006)

In re PTI HOLDING CORP., a Nevada corporation, et al., Debtors. Homestead Holdings, Inc., Plaintiff, v. Broome & Wellington, Defendant.

United States Bankruptcy Court, D. Nevada.

July 19, 2006.


Attorney(s) appearing for the Case

Stephen R. Harris, Esq., Belding, Harris & Petroni, Ltd., Reno, NV, Brian A. Jennings, Esq., Alan D. Smith, Esq., Perkins Coie LLP, Harry H. Schneider, Esq., Perkins Coie, LLP, Seattle, WA, for Plaintiff.

Gerald M. Gordon, Esq., Talitha B. Gray, Esq., Las Vegas, NV, for Defendant.

Kaaran E. Thomas, Esq., Reno, NV, for Official Committee of General Unsecured Creditors.

Nick Strozza, Esq., Reno, NV, U.S. Trustee.


Amended Opinion on Motion for Preliminary Injunction

BRUCE A. MARKELL, Bankruptcy Judge.

I. INTRODUCTION

In 2004, brothers Steven and David Greenstein acquired control of Homestead Holdings, Inc., the debtor and debtor in possession in this case. As part of that acquisition, Homestead bought assets from the defendant, Broome & Wellington. The Greensteins guaranteed the deferred portion of the price paid for the assets.

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