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IN RE VINSON

Bankruptcy No. 96-40820.

202 B.R. 972 (1996)

In re Joyce VINSON, Debtor.

United States Bankruptcy Court, S.D. Illinois.

December 3, 1996.

Attorney(s) appearing for the Case

Robert P. Schulhof, Carbondale, IL, for May and Henry Jin.

Michael Katz, Collinsville, IL, for debtor.

OPINION

KENNETH J. MEYERS, Bankruptcy Judge.

At issue in this case is whether an installment contract for the sale of commercial real estate to the debtor is an executory contract which must be assumed or rejected under 11 U.S.C. § 365 or whether, under the Seventh Circuit's ruling in In re Streets & Beard Farm Partnership, 882 F.2d 233, 235 (7th Cir.1989), it constitutes a financing device granting...

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