MATTER OF WAYCO, INC.

No. 90-1326.

947 F.2d 1330 (1991)

In the Matter of WAYCO, INCORPORATED, Debtor. Appeal of Clifton G. OWENS, Trustee of Bankruptcy of Wayco Incorporated.

United States Court of Appeals, Seventh Circuit.

Decided November 14, 1991.


Attorney(s) appearing for the Case

Jack U. Shlimovitz, Dayten P. Hanson, Jeffrey D. Nordholm (argued), Ludwig & Shlimovitz, Milwaukee, Wis., for appellant.

John L. Becker (argued), Becker & Phillips, Brookfield, Wis., for Becker & Phillips.

Before BAUER, Chief Judge, COFFEY, Circuit Judge, and WILL, Senior District Judge.


COFFEY, Circuit Judge.

Appellant Clifton G. Owens, trustee of the bankruptcy estate of Wayco, Inc., appeals a grant of summary judgment in favor of appellee Becker & Phillips. The district court ruled that security deposits provided by tenants to the debtor/landlord (Wayco, Inc.), now held in the appellee's separate trust account, do not constitute property of the bankruptcy estate. We affirm.

I.

Bankruptcy trustee Clifton G. Owens seeks funds...

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