IN RE LANZA

Bankruptcy No. 82-03214.

51 B.R. 125 (1985)

In re Edward L. LANZA and Lena C. Lanza, t/a Canal Motel, t/a Seascape Condominium, t/a Ed's Canal Pavilion, Debtors.

United States Bankruptcy Court, D. New Jersey.

July 16, 1985.


Attorney(s) appearing for the Case

Ronald L. Glick, Cinnaminson, N.J., for debtors, Edward L. Lanza and Lena C. Lanza.

Clarence P. Reberkenny, Davis, Reberkenny & Abramowitz, Cherry Hill, N.J., for First Peoples Bank.

Hugh M. Leonard, Newark, N.J., United States Trustee.


OPINION

EMIL F. GOLDHABER, Chief Judge:1

The pivotal inquiry brought before the bench on the debtor's objection to a bank's proofs of claim, is whether the evidence supports a bank's entitlement to the three claims at issue, notwithstanding its apparent gross deviations from standard banking practice. After carefully weighing the evidence, we will reduce the amount of the first claim but uphold the remaining two in full.

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