United States Bankruptcy Court, C.D. California September 19, 1989, Bankruptcy No. SA 87-06362JB, Adv. No. SA 88-0743JB (Tidrick v. General Bank (In Re Tidrick))

MEMORANDUM OF DECISION

JAMES N. BARR, Bankruptcy Judge.

STATEMENT OF FACTS

The parties have stipulated to the following facts:

The Debtors, Lee and Theresa Tidriek, were limited partners in a business venture known as Alba Cross, Ltd. In December, 1980, Alba Cross borrowed $150,000 from General Bank (“Defendant” or “Bank”).