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IN RE D.M. CHRISTIAN CO.

Bankruptcy No. 80-00258-W.

7 B.R. 561 (1980)

In re The D.M. CHRISTIAN COMPANY, Debtor.

United States Bankruptcy Court, N.D. West Virginia.

October 23, 1980.

Attorney(s) appearing for the Case

Howard L. Sokolsky, Nadler, Sokolsky, Bahas & Balantzow Co., L.P.A., Cleveland, Ohio, for Debtor.

John W. Wolf, Saginow, Mich., and James F. Companion, Schrader, Stamp & Recht, Wheeling, W.VA., for William E. Upham.

Katherine Kalinowski, Elliot Pinta, Washington, D.C., for U.S. Securities and Exchange Commission.

MEMORANDUM OPINION

JOHN H. KAMLOWSKY, Bankruptcy Judge.

The D.M. Christian Company, a corporation, (hereinafter called Christian) filed a voluntary Chapter 11 petition in this District May 27, 1980 and as of that date, Christian was the operator of a retail department store located in Owosso, Michigan.

On October 16, 1980 William E. Upham, et al., filed an application to purchase the entire inventory and all of the fixtures of Christian. Christian...

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