IN RE WEST TEXAS MARKETING CORP.

Bankruptcy No. 182-10034-7, Adv. No. 192-1018.

155 B.R. 399 (1993)

In re WEST TEXAS MARKETING CORPORATION, Debtor. Walter KELLOGG, Trustee for West Texas Marketing Corporation, Plaintiff, v. UNITED STATES of America, Defendant.

United States Bankruptcy Court, N.D. Texas, Abilene Division.

June 22, 1993.


Attorney(s) appearing for the Case

Brett B. Flagg, Gardere & Wynne, L.L.P., Dallas, TX, for plaintiff.

Dinah L. Bundy & Mr. Michael S. Copeland, Attys., Tax Div. Dept. of Justice, Dallas, TX, for IRS.

Walter Kellogg, Trustee-in-Bankruptcy, Dallas, TX, Chapter 7 Trustee.


MEMORANDUM OF OPINION ON POSTPETITION INTEREST ON UNSECURED CLAIMS

JOHN C. AKARD, Bankruptcy Judge.

QUESTIONS PRESENTED

I. Whether in a case under Chapter 7 of the Bankruptcy Code,1 the Debtor can accrue postpetition interest expense deductions for federal income tax purposes on undisputed and resolved general unsecured (prepetition) claims. The court concludes that the Debtor cannot accrue postpetition interest expense...

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