In re X-Cel, Inc.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Debtor-appellant X-Cel, Inc. (“X-Cel”) appeals an order of the bankruptcy judge allowing in full, with interest, a disputed *783claim under a Chapter 11 reorganization plan made by creditor-appellee A. Eicoff & Co. (“Eicoff”). In re X-Cel, Inc., No. 82 B 6430 (Bankr.N.D.Ill. June 10, 1986) (“Order”). For the reasons that follow, the Order of the bankruptcy judge is affirmed in part and reversed in part.

I. FACTUAL BACKGROUND AND PROCEDURAL HISTORY

We will attempt to briefly recount the facts underlying this dispute as they relate to the present…