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IN RE RUSSELL

Bankruptcy No. 87-30.

80 B.R. 662 (1987)

In re William A. RUSSELL, Jr., Debtor.

United States Bankruptcy Court, D. Vermont.

November 25, 1987.

Attorney(s) appearing for the Case

J. Anderson, Ryan, Smith & Carbine, Rutland, Vt., for Bank of New England (BNE).

J. Meyers, White River Junction, Vt., for William A. Russell, Jr. (debtor).

ORDER SUSTAINING OBJECTION TO CLAIM OF EXEMPTION UNDER 11 USC § 522(d)(1)

FRANCIS G. CONRAD, Bankruptcy Judge.

This matter1 is before us on the objection of BNE to Debtor's claim of a homestead exemption in property under 11 U.S.C. § 522(d)(1). The property in question is owned by the Phoenix Farm Partnership, (PFP), in which Debtor holds a ten (10%) percent interest as a limited partner. The novel question we must...

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