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IN RE VALLEY VUE JOINT VENTURE

Bankruptcy No. 90-10499-AB.

123 B.R. 199 (1991)

In re VALLEY VUE JOINT VENTURE, Debtor.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

January 29, 1991.

Attorney(s) appearing for the Case

Joseph H. Kasimer, Stephen J. Annino, Kasimer & Ittig, P.C., Falls Church, Va., for S.W. Rodgers Company, Inc.

Ronald L. Walutes, Walutes and Bedford, Annandale, Va., for Valley Vue Joint Venture.

MEMORANDUM OPINION

MARTIN V.B. BOSTETTER, Jr., Chief Judge.

This matter is before the Court upon the objection by Valley Vue Joint Venture, a Virginia general partnership (the "Debtor"), to a proof of claim filed by S.W. Rodgers Co., Inc., a Virginia corporation ("Rodgers"), in the amount of $1,000,000. Rodgers' claim results from its reimbursement of a bank which honored a standby letter of credit issued for the account of Rodgers. The letter of credit...

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