In re Captran Creditors Trust

ORDER ON OBJECTION TO CLAIM

ALEXANDER L. PASKAY, Chief Judge.

THIS IS a Chapter 11 reorganization case and this is the next chapter of the ongoing war between Captran Creditors Trust (Debtor) and Captran Resort International (CRI), one of the petitioning creditors who joined in their bankruptcy case filed by the original petitioning creditor. In the present instance, the controversy relates to the allowability of a claim filed by CRI in the amount of $58,000. Objection to the claim is filed by the Debtor, who contends that the claim cannot be allowed in any amount as a matter of law. The facts…