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IN RE ENSTAR GROUP, INC.

Bankruptcy No. 91-02618-APG.

215 B.R. 235 (1996)

In re the ENSTAR GROUP, INC., Debtor.

United States Bankruptcy Court, M.D. Alabama.

December 23, 1996.

Attorney(s) appearing for the Case

Robert W. Tapscott, Jr., Maynard, Cooper & Gale, P.C., Birmingham, AL, for Kuster.

J. Marbury Rainer, Parker, Hudson, Rainer & Dobbs, Atlanta, GA, for Debtor.

OPINION ON MOTION FOR ALLOWANCE OF BONDHOLDER CLAIM

A. POPE GORDON, Bankruptcy Judge.

Luzius Kuster, a resident of Switzerland, filed a motion to allow a late proof of claim in this case.

The motion came on for hearing on November 5, 1996, after which the court took the motion under advisement.

The undisputed facts are as follows.

Kuster is the holder of nineteen 6% Swiss bearer bonds issued in 1986 by the debtor's predecessor, Kinder...

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