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MATTER OF SHADER

Bankruptcy No. 87-123, Adv. No. 87-50.

90 B.R. 85 (1988)

In the Matter of Kenneth B. SHADER, Debtor. Jonathan GAYL, Trustee in Liquidation for Kenneth B. Shader, Plaintiff, v. Kenneth B. SHADER and Louise (Lucie) B. Shader, Defendants.

United States Bankruptcy Court, D. Delaware.

August 23, 1988.

Attorney(s) appearing for the Case

Stephen W. Spence, Wilmington, Del., for plaintiff.

Peter J. Walsh, Wilmington, Del., for defendants.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Kenneth B. Shader (Ken) filed an individual Chapter 7 petition on April 3, 1987. An order for relief was entered May 26, 1987 against Shader China Doll, Inc. (SCD) on an involuntary petition filed May 1, 1987. Ken's principal liabilities arose out of personal guarantees on debts incurred by SCD in which he owns all of the outstanding stock.

Jonathan Gayl (Gayl), Trustee in Ken's case...

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