Brooks Shoe Manufacturing Co. v. Chesapeake Shoe Co. (In Re Brooks Shoe Manufacturing Co.)

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The instant case is before us on the issue of the amount due the debtor by the defendant for goods sold and delivered. We conclude that the defendant is entitled to credits for defective goods and for certain miscalculations made by the debtor and we will, accordingly, reduce the amount that is due the debtor by the amount of the allowable credits.

The facts of the instant case are as follows: 1 On October 23, 1981, Brooks Shoe Manufacturing Company, Inc. (“Brooks”) filed a petition for a reorganization under chapter 11 of the Bankruptcy Code (“the…