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MATTER OF U.S. TRUCK CO., INC.

Bankruptcy No. 82-03561-BE.

42 B.R. 787 (1984)

In the Matter of U.S. TRUCK COMPANY, INC., a Michigan corporation, Debtor.

United States Bankruptcy Court, E.D. Michigan, S.D.

June 18, 1984.

Attorney(s) appearing for the Case

Joseph Radom, Southfield, Mich., for debtor.

Barbara Rom, Ronald M. Baugh, Detroit, Mich., for Unsecured Creditors' Committee.

James Hoffa, Jr., Detroit, Mich., for Teamsters' Union.

MEMORANDUM OPINION AND ORDER

STANLEY B. BERNSTEIN, Bankruptcy Judge.

Introduction:

The debtor moved for an order authorizing its affiliate, Brent Company, to purchase undisputed and liquidated unsecured claims at forty (40%) percent of the allowed amounts. The motion was supported by the unsecured creditors' committee, but opposed by the Teamsters' Union.1 After hearing...

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