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IN RE PETERSON

Bankruptcy No. 87-20038, Adv. No. 87-2027.

88 B.R. 5 (1988)

In re George E. PETERSON, Debtor. William H. HOWISON, Trustee, Plaintiff, v. W.W. GRAINGER, INC. Master Trust Committee, Linda D. Reynolds, and George E. Peterson, Defendants.

United States Bankruptcy Court, D. Maine.

June 16, 1988.

Attorney(s) appearing for the Case

William H. Howison, Anthony Howison & Landis, Portland, Me., for plaintiff.

Stephen Champagne, Curtis Thaxter Stevens Broder & Micoleau, Portland, Me., for defendants.

MEMORANDUM OF DECISION

FREDERICK A. JOHNSON, Chief Judge.

INTRODUCTION

This adversary proceeding was commenced on June 16, 1987 when the Chapter 7 Trustee filed a four count complaint. Count I seeks a determination that one quarter (25%) of the debtor's account under his Profit Sharing Plan is property of the estate pursuant to section 541 of the Bankruptcy Code. Count II hinges on the Trustee's success on...

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