U.S. Bankruptcy Appellate Panel Digest: April 12

IRS Claim

Objection; ‘Substantial Evidence’

Where the bankruptcy court sustained debtors’ objection to a proof of claim filed by the Internal Revenue Service, the judgment is reversed because the debtors failed to present substantial evidence sufficient to overcome the presumption of the validity and amount of the service’s proof of claim, so the objection should have been overruled.

Judgment is reversed.

17-6024 U.S. v. Austin, appealed from the Eastern District of Missouri, Sanberg, J.