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MATTER OF LAKE HOPATCONG WATER CORP.

Bankruptcy No. 78-01513.

15 B.R. 411 (1981)

In the Matter of LAKE HOPATCONG WATER CORPORATION, Bankrupt.

United States Bankruptcy Court, D. New Jersey.

November 2, 1981.

Attorney(s) appearing for the Case

Nolan, Bell & Moore, by Daniel J. Moore, Newark, N.J., Trustee, for Trustee.

Robert H. Jaffe, by Howard G. Schlesinger, Springfield, N.J., for claimants intervenors Rockville Capital Corp., Global International and Robert H. Jaffe.

William W. Robertson, U.S. Atty., by Lorraine Gerson, Asst. U.S. Atty., Newark, N.J., for The Small Business Administration.

John B. Landers, Hackensack, N.J., for First National State Bank of Long Island.

James R. Zazzali, Atty. Gen., by Heikki Leesment, Newark, N.J., Deputy Atty. Gen., for Public Utilities Commission.

OPINION

VINCENT J. COMMISA, Bankruptcy Judge.

This matter is before the Court on a motion for summary judgment by the trustee in bankruptcy of Lake Hopatcong Water Corporation, the bankrupt herein, and the cross-motion of the United States Small Business Administration (SBA) to dismiss Counts I and II of the trustee's complaint or in the alternative for summary judgment.

On June 22, 1978 the Lake Hopatcong Water Corporation (LHWC) filed a petition...

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