In Re Lanza
United States Bankruptcy Court, D. New Jersey
1Opinion of the Court
OPINION
EMIL F. GOLDHABER, Chief Judge: 1
The pivotal inquiry brought before the bench on the debtor’s objection to a bank’s proofs of claim, is whether the evidence supports a .bank’s entitlement to the three claims at issue, notwithstanding its apparent gross deviations from standard banking practice. After carefully weighing the evidence, we will reduce the amount of the first claim but uphold the remaining two in full.
We recapitulate the facts of this contro versy as follows: 2 The debtors filed a petition for reorganization under chapter 11 of the Bankruptcy Code (“the Code”). Against the…
2Cases cited3 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- In Re Trending Cycles for Commodities, Inc.United States Bankruptcy Court, S.D. Florida. · 1982
- Mariner of Pennsville, Inc. v. S.T.G. Enterprises, Inc. (In Re S.T.G. Enterprises, Inc.)United States Bankruptcy Court, D. New Jersey · 1982
3Cited by4 opinions
- Satelco, Inc. v. North American Publishers, Inc. (In Re Satelco, Inc.)United States Bankruptcy Court, N.D. Texas · 1986
- C-4 Media Cable South, L.P. v. Reds T v. & Cable, Inc. (In Re C-4 Media Cable South, L.P.)United States Bankruptcy Court, E.D. Virginia · 1992
- In Re SmithUnited States Bankruptcy Court, E.D. Virginia · 2008
- In re LanzaUnited States Bankruptcy Court, D. New Jersey · 1985