In Re Okura & Co. (America), Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION GRANTING THE LIQUIDATING TRUSTEE’S MOTION TO REDUCE THE CLAIM OF THE BANK OF TOKYO-MITSUBISHI, LTD. (CLAIM NUMBER 150)
JEFFRY H. GALLET, Bankruptcy Judge.
I. INTRODUCTION
The Liquidating Trustee (the “Trustee”), appointed pursuant to the First Amended Joint Plan of Liquidation of Oku-ra & Co. (America), Inc. moves, 1 pursuant to § 502(b) of the United States Bankruptcy Code (the “Code”) and Federal Rule of Bankruptcy Procedure 3007, to reduce claim number 150 filed by The Bank of Tokyo-Mitsubishi, Ltd. (“BTM”). 2 The Trustee contends that the portion of BTM’s claim which is…
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