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IN RE UNITED AMERICAN FINANCIAL CORP.

Bankruptcy No. 3-83-00744, Adv. No. 3-84-0331.

55 B.R. 117 (1985)

In re UNITED AMERICAN FINANCIAL CORPORATION, Debtor. UNITED AMERICAN FINANCIAL CORPORATION, Plaintiff, v. KNOXVILLE PROPERTIES, INC., Defendant.

United States Bankruptcy Court, E.D. Tennessee.

October 23, 1985.

Attorney(s) appearing for the Case

Doris C. Allen, Bernstein, Susano, Stair & Cohen, Knoxville, Tenn., for plaintiff.

G. Wendell Thomas, Jr., Kennerly, Montgomery and Finley, Knoxville, Tenn., for defendant.

MEMORANDUM

CLIVE W. BARE, Bankruptcy Judge.

I

Plaintiff United American Financial Corporation seeks judgment against the defendant Knoxville Properties, Inc. for damages resulting from the breach of a lease of an aircraft. At issue is whether the court will permit an accelerated recovery in full of all rental payments under the lease less the proceeds of the sale of the aircraft or whether the court will reduce the deficiency to a sum equivalent...

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