In Re Landreth Lumber Co.

OPINION

KENNETH J. MEYERS, Bankruptcy Judge.

This matter presents the issue of whether guarantors of the debtor’s obligations are collaterally estopped from asserting that language in the confirmed plan prevents a creditor from pursuing collection of a judgment owed to it by the guarantors. The guarantors have come to this Court asking for enforcement of Article VII, Section E of the plan to protect them from further collection of the judgment rendered against them and in favor of the creditor by an Indiana state court. The creditor responds that the Indiana court considered and rejected the…