IN RE INDIAN MOTOCYCLE ASSOCIATES III LTD.

Bankruptcy Nos. 92-43818-JFQ, 92-43819-JFQ.

161 B.R. 865 (1994)

In re INDIAN MOTOCYCLE ASSOCIATES III LIMITED PARTNERSHIP, Indian Motocycle Associates Limited Partnership, Debtors.

United States Bankruptcy Court, D. Massachusetts.

January 6, 1994.


Attorney(s) appearing for the Case

Paul Salvage, Bacon & Wilson, Springfield, MA, for Indian Motocycle Associates III Ltd. Partnership and Indian Motocycle Associates Ltd. Partnership.

Mark Cress, Bulkley, Richardson and Gelinas, Springfield, MA, for Massachusetts Housing Finance Agency.

Peter Stocks, Worcester, MA, for U.S. Trustee.


OPINION

JAMES F. QUEENAN, Jr., Chief Judge.

The Massachusetts Housing Finance Agency ("MHFA") moves for an order requiring the chapter 11 debtor, Indian Motocycle Associates III Limited Partnership (the "Debtor"), to repay funds the Debtor disbursed from its operating income prior to the filing of its chapter 11 petition on December 15, 1992. The Debtor used the funds, totalling about $65,000, for the payment of a retainer to its counsel in this chapter...

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