In Re G. Marine Diesel Corp.
The Debtor, G. Marine Diesel Corp., objected to a claim filed by An-Frank Metal Fabricating Industries, Inc. (Creditor) for services rendered as a subcontractor on U.S. Navy ship repairs. The Debtor argued the claim included unauthorized work and excessive wage rates. The Court, after reviewing evidence and testimony, found that the Creditor's proof of claim established prima facie validity. However, the Debtor successfully rebutted portions related to unauthorized interest charges, unnecessary re-engineering costs, and unsubstantiated acceleration costs. Consequently, the Creditor's original claim of $298,763.20 was reduced by $145,404.53. The Court allowed the remaining sum of $153,358.67 as an unsecured claim against the Debtor's estate.