MATTER OF WEIS SECURITIES, INC.

No. 73 Civ. 2332.

411 F.Supp. 195 (1976)

In the Matter of WEIS SECURITIES, INC., Debtor. In re TRUSTEE'S SETTLEMENT OF OPTION WRITING ACCOUNTS and Cash In Lieu of Securities.

United States District Court, S. D. New York.

March 2, 1976.


Attorney(s) appearing for the Case

Hughes Hubbard & Reed, New York City, for trustee; John M. Townsend, New York City, of counsel.

Holtzmann, Wise & Shepard, New York City, for claimant Jules B. Lipow; James W. Deer, New York City, of counsel.

Frank & Frank, New York City, for claimant Maury Ray; Irving Frank, New York City, of counsel.

Bell, Wolkowitz, Beckman & Klee, New York City, for claimant Stanley Sharp; Richard Klee, New York City, of counsel.

Dan Moody, Jr., pro se. John H. Daum, pro se.


WYATT, District Judge.

These are an appeal and five cross-appeals from an order of Bankruptcy Judge Babitt filed October 6, 1975.

Weis Securities, Inc. (Weis) was a broker-dealer which is now in liquidation under SIPA (15 U.S.C. § 78aaa and following). A Trustee was appointed on May 30, 1973, by this Court (15 U.S.C. § 78eee(b)(3)). See Exchange Bank v. Wyatt, 517 F.2d 453 (2d Cir. 1975). The "filing date...

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