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IN RE LEEDS HOMES, INC.

No. 19987.

222 F.Supp. 20 (1963)

In the Matter of LEEDS HOMES, INC., et al.

United States District Court E. D. Tennessee, N. D.

On Motion to Alter Judgment September 12, 1963.

Attorney(s) appearing for the Case

Fowler, Rowntree & Fowler, Knoxville, Tenn., for trustee.

Schimberg, Greenberger, Krauss & Jacobs, Chicago, Ill., Frantz, McConnell & Seymour, Knoxville, Tenn., Waller, Lansden & Dortch, Nashville, Tenn., for National Acceptance Co. of America.

FRANK W. WILSON, District Judge.

National Acceptance Company of America has filed a proof of secured claim in this reorganization proceedings under Chapter X of the Bankruptcy Act. The Trustee disputes the validity of the claim upon the ground that the claimant has failed to comply with the foreign corporation laws of Tennessee and upon the ground of usury. The Trustee seeks to assert a counterclaim for both compensatory and punitive damages for the alleged wrongful...

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