10 B 74803, 11 A 96261
A creditor properly exercised his option to convert his equity participation interest into a demand note and thus, was entitled to an unsecured claim for return of principal over debtors’ objection. However, under 11 U.S.C. § 502(b)(2), post-petition interest was disallowed. Thus, both parties’ motions for summary judgment were granted in part.