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IN RE COALFIELD DEVELOPMENT, INC.

Bankruptcy No. 7-85-01093-A.

56 B.R. 201 (1986)

In re COALFIELD DEVELOPMENT, INC., Debtor.

United States Bankruptcy Court, W.D. Virginia, Abingdon Division.

January 10, 1986.

Attorney(s) appearing for the Case

Copeland, Molinary & Bieger, Abingdon, Va., for debtor.

Penn, Stuart, Eskridge & Jones, Bristol, Va., for Pikeville Nat. Bank & Trust Co.

MEMORANDUM OPINION AND ORDER

H. CLYDE PEARSON, Bankruptcy Judge.

The issue before the Court is whether the motion to transfer or dismiss this case for improper venue should be granted.

On or about December 15, 1981, Pikeville National Bank and Trust Company ("PNB") of Pikeville, Kentucky made a loan to the Debtor, Coalfield Development, Inc. ("Coalfield"), and Jimmy Dale Ratliffe, then president of Coalfield, in the amount of $700,000.00. This indebtedness...

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