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IN RE RAJABALI

Bankruptcy No. 05-48547. Adversary No. 06-3439.

365 B.R. 702 (2007)

In re Karim A. RAJABALI, Debtor(s). Comerica Bank, Plaintiff(s) v. Karim A. Rajabali, Defendant(s).

United States Bankruptcy Court, S.D. Texas, Houston Division.

March 22, 2007.

Attorney(s) appearing for the Case

Michael J. Durrschmidt, Hirsch & Westheimer, Houston, TX, for Plaintiff.

Michael Glen Walker, Walker & Patterson, Houston, TX, for Defendant.

MEMORANDUM OPINION

MARVIN ISGUR, Bankruptcy Judge.

For the reasons set forth below, Plaintiffs motion for summary judgment is denied. This Court has jurisdiction of this proceeding pursuant to 28 U.S.C. §§ 1334 and 157. This is a core proceeding.

Background

On October 11, 2005, Karim A. Rajabali ("Debtor") filed for chapter 7 bankruptcy relief. Debtor owned 100% of and operated a company known as ASAP Enterprises Inc. d...

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