MATTER OF VEHM ENGINEERING CORPORATION

Nos. 74-1210, 74-1228.

521 F.2d 186 (1975)

In the Matter of VEHM ENGINEERING CORPORATION, Bankrupt. BARUCH INVESTMENT COMPANY, dba Advance Industrial Finance Company and Trans-West Factors, Petitioners-Cross-Respondents-Appellants, v. Curtis B. DANNING, Trustee, Respondent-Cross-Petitioner-Appellee. BARUCH INVESTMENT COMPANY, dba Advance Industrial Finance Company and Trans-West Factors, Petitioners-Cross-Respondents-Appellees, v. Curtis B. DANNING, Trustee, Respondent-Cross-Petitioner-Appellant.

United States Court of Appeals, Ninth Circuit.

August 21, 1975.


Attorney(s) appearing for the Case

Stuart L. Kadison (argued), Los Angeles, Cal., for Baruch.

Robert A. Greenfield (argued), Los Angeles, Cal., for Danning.

Before CHAMBERS and CARTER, Circuit Judges, and FITZGERALD, District Judge.


OPINION

JAMES M. CARTER, Circuit Judge.

Petitioners Baruch Investment Company, dba Advance Industrial Finance Company ("AIF"), and Trans-West Factors ("TWF") appeal from the judgment of the district court, affirming in all respects the order of the Referee in Bankruptcy. That order awarded the trustee, after a number of offsetting procedures, the net amount of $913.66 against AIF. AIF contests the finding that it and TWF had engaged in usurious transactions...

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