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IN RE WALAT FARMS, INC.

Bankruptcy No. 85-09344.

64 B.R. 65 (1986)

In re WALAT FARMS, INC., Debtor.

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

May 21, 1986.

Attorney(s) appearing for the Case

David J. Fisher, Saginaw, Mich., for New Century Bank.

Ralph I. Selby and Randall L. Frank, Bay City, Mich., for debtor.

MEMORANDUM OPINION REGARDING MOTION OF NEW CENTURY BANK TO BE PLACED ON UNSECURED CREDITORS COMMITTEE

ARTHUR J. SPECTOR, Bankruptcy Judge.

Now before the Court is the motion of New Century Bank (referred to as the bank) to be appointed as a member of the Official Unsecured Creditors' Committee in this Chapter 11 case. The bank possesses a security interest in various estate property, but the value of that property is far less than the amount of...

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