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MATTER OF J.C. INVESTMENTS, INC.

Bankruptcy No. 78-697.

15 B.R. 392 (1981)

In the Matter of J.C. INVESTMENTS, INC., Debtor. J.C. INVESTMENTS, INC., Plaintiff, v. UNITED STATES of America, Defendant.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

October 16, 1981.

Attorney(s) appearing for the Case

Don Stichter, Tampa Fla., for J.C. Investments.

Gary Betz, U.S. Atty., Tampa Fla., Richard F. Mitchell, Tax Div., U.S. Dept. of Justice, Washington D.C., for United States.

FINDINGS OF FACT, CONCLUSIONS OF LAW AND MEMORANDUM OPINION

ALEXANDER L. PASKAY, Chief Judge.

THIS IS a pre-Code arrangement proceeding, instituted by J.C. Investments, Inc. (JCI), a debtor who seeks rehabilitation under Chapter XI of the Bankruptcy Act of 1898. The matter in controversy is the extent of JCI's liability for federal income taxes for the tax year of 1971 and the years up to and including 1975. According to the proof of claim filed in the proceeding...

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