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IN RE TIREY DISTRIB. CO.

Bankruptcy No. 99-72329.

242 B.R. 717 (1999)

In re TIREY DISTRIBUTING COMPANY, Debtor. Tirey Distributing Company, Plaintiff, v. Leon Sloan and Virginia Sloan, Defendants.

United States Bankruptcy Court, E.D. Oklahoma.

December 29, 1999.

Attorney(s) appearing for the Case

David Pomery, Oklahoma City, OK, for plaintiff.

Mark A. Craige, Tulsa, OK, for defendants.

OPINION

TOM R. CORNISH, Bankruptcy Judge.

The Debtor seeks rescission of his purchase of a greenhouse operation based upon fraud. The Defendants seek relief from the stay and conversion from Chapter 11 to Chapter 7. For the reasons stated hereafter, the Court denies the rescission of the contract and grants the Motion for Relief from Stay. The case will therefore be converted from Chapter 11 to Chapter 7.

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