Legal Opinion
In re Biglari Import Export, Inc.
United States Bankruptcy Court, W.D. Texas
Decided June 17, 1991No. Bankruptcy No. 90-52552-CPublished
1Opinion of the Court
MEMORANDUM DECISION
LEIF M. CLARK, Bankruptcy Judge.
CAME ON for hearing the Objection of Biglari Import Export, Inc. d/b/a The Ritz Oriental Rug Gallery (“Debtor/Biglari”) to the Claim of International Bank of Commerce (“IBOC”). The Debtor argues that IBOC’s claim should be reduced by $30,-214.00, the cost of ten Persian rugs which showed up missing when an inventory of the rugs pledged to IBOC was taken in December 1990. For the reasons stated in this decision, the objection will not be sustained.
JURISDICTION
This court has original subject matter jurisdiction over this matter pursuant to 28…
2Cases cited6 opinions
- First National Bank, Giddings v. HelwigCourt of Appeals of Texas · 1971
- Bud-Lee Ski Centers, Inc. v. StateAppellate Division of the Supreme Court of the State of New York · 1986
- Butte County Bank v. HobleyIdaho Court of Appeals · 1985
- Signer v. The First National Bank & Trust Company Of CovingtonCourt of Appeals for the First Circuit · 1972
- Credit Alliance Corp. v. Timmco Equip., Inc.District Court of Appeal of Florida · 1987
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