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IN RE CANDOR DIAMOND CORP.

Bankruptcy No. 81 B 11594 (EJR), Adv. No. 81-5713-A.

21 B.R. 144 (1982)

In re CANDOR DIAMOND CORP., Debtor. JOHN P. MAGUIRE & CO., INC., Plaintiff, v. Jeffrey SAPIR, Interim Trustee of Candor Diamond Corp., Debtor, Madeleine Margolies and Scarsdale National Bank and Trust Company, Defendants.

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

June 11, 1982.

Attorney(s) appearing for the Case

Hahn & Hessen, New York City, for John P. Maguire & Co., Inc.

Neale & Wilson & Gardella, Scarsdale, N.Y., for Scarsdale Nat. Bank and Trust Co.

Schnapper & Isaacson, New York City, for Madeleine Margolies.

Stroock & Stroock & Lavan, New York City, for Daniel McColley, trustee in bankruptcy.

EDWARD J. RYAN, Bankruptcy Judge.

Defendant, Madeleine Margolies, ("Margolies") having moved, by notice of motion dated December 4, 1981, for an order vacating her default in answering the complaint herein and plaintiff, John P. Maguire & Co., Inc. ("Maguire"), having cross-moved, by notice of cross-motion dated December 22, 1981, for an order pursuant to Bankruptcy Rule 755(a), directing entry of a judgment by default against Margolies on the ground that an answer...

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