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IN RE MODERN PLASTICS CORP.

Case No. DK 09-00651 Adversary Proceedings No. 13-80252.

543 B.R. 819 (2016)

IN RE: MODERN PLASTICS CORPORATION, Debtor. New Products Corporation and United States of America, Plaintiffs, v. Thomas R. Tibble, individually and in his capacity as Chapter 7 Trustee, and Federal Insurance Company, Defendants.

United States Bankruptcy Court, W.D. Michigan.

Signed January 21, 2016.

Attorney(s) appearing for the Case

Melissa L. Demorest LeDuc , Demorest Law Firm PLLC, Royal Oak, MI, for New Products Corporation.

United States of America, pro se.

John Chester Fish , James, Dark & Brill, Cody H. Knight , Rayman & Knight, Kalamazoo, MI, Timothy Hillegonels , Elisabeth M. Von Eitzen , Warner Norcross & Judd, LLP, Grand Rapids, MI, for Defendants.

FINDINGS OF FACT AND CONCLUSIONS OF LAW AFTER TRIAL

I. BACKGROUND

At the center of this dispute between an unhappy creditor and a bankruptcy trustee lies a now-defunct manufacturing facility in Benton Harbor, Michigan (the "Property"). The Property, commonly known as 489...

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