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IN RE BASIN, INC.

Bankruptcy No. 382-01496-F, Adv. No. 382-1473.

36 B.R. 10 (1983)

In re BASIN, INC., Debtor. BASIN, INC., Plaintiff, v. UNITED STATES of America, Johnie E. Findley, Gerry R. Findley Gray, Michael Wisenbaker and Alinda H. Wisenbaker, Defendants.

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

August 24, 1983.

MEMORANDUM AND ORDER

BILL H. BRISTER, Bankruptcy Judge.

Basin, Inc. ("debtor"), Michael Wisenbaker ("Wisenbaker") a former officer and shareholder of the debtor, and Internal Revenue Service ("IRS") each contests for ownership of an interest in a 1980 Sea Ray, a pleasure boat. The following summary constitutes findings of fact and conclusions of law after nonjury trial.

Some of the facts are uncontroverted...

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