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MATTER OF ELLISON ASSOCIATES

Bankruptcy No. 80 B 11213, Adv. No. 80-5408A.

13 B.R. 661 (1981)

In the Matter of ELLISON ASSOCIATES, Debtor. ELLISON ASSOCIATES, Plaintiff, v. EASTWOOD MANAGEMENT CORPORATION, Bowery Savings Bank, Harris, Beach, Wilcox, Rubin & Levey, Defendants.

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

August 14, 1981.

Attorney(s) appearing for the Case

Louis P. Rosenberg, Brooklyn, N.Y., for debtor; Alfred A. Rosenberg and Richard Koral, Brooklyn, N.Y., of counsel.

Skadden, Arps, Slate, Meagher & Flom, New York City, for Eastwood Management Corp.; William J. Rochelle, III and Zachary Kass, New York City, of counsel.

Cadwalader, Wickersham & Taft, New York City, for Bowery Savings Bank; David Kittay, New York City, of counsel.

Costello & Shea, New York City, for Harris, Beach, Wilcox, Rubin & Levey; Ann R. Goodwin, and Frederick N. Gaffney, New York City, of counsel.

Motions for Summary Judgment, Dismissing this Adversary Proceeding and Chapter 11 Case

BURTON R. LIFLAND, Bankruptcy Judge.

I. BACKGROUND

Defendants, Eastwood Management Corporation ("Eastwood"), Ellison Park Enterprises ("Ellison Park"), Harris, Beach, Wilcox, Rubin & Levey ("Harris, Beach") and The Bowery Savings Bank ("Bowery") move for summary judgment dismissing the above-captioned adversary proceeding and Chapter 11 case

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