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IN RE KREIDLE

Bankruptcy No. 86 B 05540 M, Adv. No. 90-1579 PAC.

146 B.R. 464 (1991)

In re James D. KREIDLE, Debtor. James D. KREIDLE, Plaintiff, v. DEPARTMENT OF the TREASURY, INTERNAL REVENUE SERVICE, Defendant.

United States Bankruptcy Court, D. Colorado.

July 8, 1991.

Attorney(s) appearing for the Case

Harry M. Sterling, Gelt, Fleishman & Sterling, P.C., Denver, Colo., for plaintiff.

Mark E. Nebergall, Dept. of Justice, Washington, D.C., for defendant.

MEMORANDUM OPINION, FINDINGS OF FACT, AND ORDER

KAREN M. SEE, Bankruptcy Judge.

I. Background and Chapter 11 proceedings

Mr. James D. Kreidle was a 50% partner in a general partnership known as Titsch & Associates. He also was an officer and director of several related corporations, for which he guaranteed a substantial amount of debt. As a result of the guarantees and the partnership debt, Mr. Kreidle found himself personally liable for...

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