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IN RE THE CHARTER CO.

Bankruptcy Nos. 84-289-BK-J-GP to 84-332-BK-J-GP and 85-1033-BK-J-GP.

82 B.R. 144 (1988)

In re THE CHARTER COMPANY, et al., Debtors.

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

January 14, 1988.

Attorney(s) appearing for the Case

Parker B. Smith, Atlantic Beach, Fla., for Abourezk.

Karen S. Jennemann, Jacksonville, Fla., for Charter.

FINDINGS OF FACT AND CONCLUSIONS OF LAW REGARDING CLAIM NO. 1 CASE NO. 84-289-BK-J-GP FILED BY JAMES G. ABOUREZK

GEORGE L. PROCTOR, Bankruptcy Judge.

Claimant, James G. Abourezk, filed a proof of claim in the amount of $210,000 in the Chapter 11 case of The Charter Company ("TCC"). TCC objected to this claim on the ground that the claim amount was limited to $56,383.32 pursuant to 11 U.S.C. § 502(b)(7).

At the trial, the parties stipulated that...

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