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IN RE SOUTHERN CALIFORNIA PLASTICS, INC.

BAP No. CC-96-1647-MCMEJ, Bankruptcy No. SV 92-40592-AG.

208 B.R. 178 (1997)

In re SOUTHERN CALIFORNIA PLASTICS, INC., Debtor. Lawrence A. DIAMANT, Chapter 7 Trustee, Appellant, v. Vartain KASPARIAN, Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided April 25, 1997.

Attorney(s) appearing for the Case

Damon G. Saltzburg, Saltzburg, Ray & Bergman, L.L.P., Los Angeles, CA, for Lawrence A. Diamant, Trustee.

Before: McKEAG, MEYERS, and JONES, Bankruptcy Judges.

McKEAG, Bankruptcy Judge:

Lawrence A. Diamant, in his capacity as a Chapter 7 trustee (the "Trustee"), has appealed the bankruptcy court order overruling his objection to a claim filed by creditor Vartan Kasparian ("Kasparian"). The bankruptcy court ruled that Kasparian's claim should be allowed as a secured obligation in a bankruptcy filed by Southern California Plastics, Inc. (the "Debtor"). We affirm.

STATEMENT OF FACTS

In 1991, Kasparian...

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