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IN RE INTERNATIONAL HORIZONS, INC.

Bankruptcy Nos. 81-01231A to 81-01234A, 81-02822A, 81-02823A and 82-00404A.

51 B.R. 747 (1985)

In re INTERNATIONAL HORIZONS, INC., Debtor. In re INTERNATIONAL HORIZONS (CURACAO), N.V., Debtor. In re NORTH AMERICAN EXPORTS, INC., Debtor. In re INTERNATIONAL HORIZONS, N.V., Debtor. In re WORLD OF ENGLISH, N.V., Debtor. In re COMMUNICATION & STUDIES INTERNATIONAL, LTD., Debtor. In re FINANCIAL RESOURCES, K.K., Debtor.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

July 10, 1985.

Attorney(s) appearing for the Case

David G. Bisbee, Bisbee, Parker & Rickertsen, Atlanta, Ga., for debtors.

A.O. Bracey III, Somers & Altenbach, Atlanta, Ga., for Markatron, Inc.

ORDER

W. HOMER DRAKE, Bankruptcy Judge.

International Horizons, Inc. ("International Horizons"), the debtor, objected to the proof of claim filed by Markatron, Inc. ("Markatron") for $47,506.53. This Court held a hearing on the matter on February 16, 1983. At the hearing it was agreed that Markatron was a creditor of Kosmos International, Inc. ("Kosmos"), a subsidiary of International Horizons. The parties disputed the issue of whether Markatron had a valid...

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