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IN RE ROYAL MEADOWS STABLES, INC.

Bankruptcy No. 93-23637-B.

187 B.R. 516 (1995)

In re ROYAL MEADOWS STABLES, INC., Debtor.

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

October 11, 1995.

Attorney(s) appearing for the Case

Dean W. Sword, Jr., Portsmouth, Virginia, for debtor in possession.

James R. Sheeran, Portsmouth, Virginia, for Lloyd C. March, Jr. and June O. March.

MEMORANDUM OPINION

STEPHEN S. MITCHELL, Bankruptcy Judge.

This matter is before the court on the debtor in possession's objection to the $100,991.25 secured claim filed by Colonial Farm Credit, ACA ("Colonial Farm Credit"). The claim has been assigned to Lloyd C. March, Jr. ("March") and his wife, June O. March (collectively, "the Marches").1 The issue is whether a mistaken quotation of the payoff amount, and the acceptance of...

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