In Re Gibson
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
A. INTRODUCTION
The instant decision resolves the merits of objections (“the Objections”) of CHARLES T. GIBSON, SR. (“the Debt- or”) to the amended proof of claim (“the Claim”) filed by of C.D.B. FINANCE CORPORATION (“CDB”). We find that, since a Pennsylvania state court entered judgment in favor of CDB in the amount of $143,848.54, we are bound by that sum in our calculation of the total Claim. However, we hold that only post-petition interest at the Pennsylvania legal interest rate of six (6%) percent per annum from the date of judgment through the…
2Cases cited54 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Heiser v. WoodruffSupreme Court of the United States · 1946
- Daset Mining Corp. v. Industrial Fuels Corp.Supreme Court of Pennsylvania · 1984
- Raymark Industries, Inc., Debtor-Appellant v. George Q. LaiCourt of Appeals for the Third Circuit · 1992
- National Bank of Eastern Arkansas v. General Mills, Inc.Court of Appeals for the Eighth Circuit · 1960
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