POCONO RACING MANAGEMENT ASS'N, INC. v. BANKS

Civ. A. No. 76-798.

434 F.Supp. 507 (1977)

In re POCONO RACING MANAGEMENT ASSOCIATION, INC., Debtor, Plaintiff, v. Joseph B. BANKS, Eugene Bartoli and John J. Passan, Defendants.

United States District Court, M. D. Pennsylvania.

July 8, 1977.


Attorney(s) appearing for the Case

Arnold Weiss, Buffalo, N. Y., Albert H. Aston, Aston, Fine, McHugh, Caverly, Wetzel & Geist, P. C., Wilkes-Barre, Pa., for plaintiff.

Morey M. Myers, Robert J. Nolan, Gelb & Myers, Scranton, Pa., for defendants.


MEMORANDUM AND ORDER

HERMAN, District Judge.

On February 25, 1975 plaintiff, Pocono Racing Management Association, Inc., filed a petition for an arrangement under Chapter XI of the Bankruptcy Act, which matter is currently pending before the bankruptcy court. In a related action, plaintiff instituted this suit on June 22, 1976 pursuant to § 67(d) of the Bankruptcy Act, 11 U.S.C. § 107, seeking to recover...

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