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IN RE SOUTHERTON CORP.

Bankruptcy No. 5-80-00414, Adv. No. 5-80-0205.

17 B.R. 472 (1981)

In re the SOUTHERTON CORPORATION, Debtor. The SOUTHERTON CORPORATION, Plaintiff, v. UNITED PENN BANK, Defendant.

United States Bankruptcy Court, M.D. Pennsylvania.

October 13, 1981.

Attorney(s) appearing for the Case

Paul R. Rosen, Russell Henkin, Spector, Cohen, Hunt & Rosen, P.C., Philadelphia, Pa., for plaintiff.

Arthur L. Piccone, Robert N. Opel, Hourigan, Kluger, Spohrer Associates, WilkesBarre, Pa., for defendant.

OPINION AND ORDER

THOMAS C. GIBBONS, Bankruptcy Judge:

On August 8, 1980, the debtor, The Southerton Corporation, filed a voluntary petition for an order for relief under Chapter 11 of the Bankruptcy Code (11 U.S.C.A. § 1101 et seq.). Thereafter the United Penn Bank filed a proof of claim in the face amount of $965,139.43 together with a claim for interest from August 8, 1980.

The debtor Southerton instituted this adversary proceeding by complaint...

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