Sussex Title, LLC

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF MARYLAND
at Greenbelt
In Re: 	Case No. 07-22878PM
Chapter 7
Sussex Title, LLC,
Debtor.
MEMORANDUM OF DECISION
The hearing on the Chapter 7 Trustee's Notice of Intention to Sell Property of the Estate and
to Assume and Assign Certain Unexpired Leases came before the court for hearing on April 21,
2008. The one objection to the sale for the sum of $8,500.00 filed by the Maryland landlord was
said to have been withdrawn. The Delaware landlord made no comment. All personal property of
the estate is to be conveyed except for the computer server, all bank accounts, any causes of action
and all financial information.
By this sale transaction, Stephen Norman, a principal of the Debtor, will obtain control of
two offices of the title company and the personalty used to operate them, free of the claims of its
creditors. While the Disclosure of Compensation filed by the Debtor's counsel shows only a fee of
$5,000.00 for filing this case, it also discloses the payment of $25,000.00 "for various legal matters
and a possible bankruptcy filing." Most likely through the efforts of counsel, all direct obligations
of the Debtor's principals were cleared away aside from the guarantee of the Maryland lease.
In the course of the hearing, the Trustee explained his reasoning for the sale and, with the
absence of objection, the court will approve same in the hope that Mr. Norman will conduct his
business, if indeed he is the sole principal of New Co., without the associations that seem to have
brought the Debtor into this court.
Date signed April 22, 2008
Entered: April 23, 2008 Case 07-22878 Doc 37 Filed 04/23/08 Page 1 of 2

cc: 	Debtor
Debtor's Counsel
Chapter 7 Trustee
All Creditors
All Parties Requesting Notice
End of Memorandum of Decision
Case 07-22878 Doc 37 Filed 04/23/08 Page 2 of 2