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MATTER OF SCOTT, GORMAN MUNICIPALS, INC.

Bankruptcy No. 75 B 1538.

21 B.R. 341 (1982)

In the Matter of SCOTT, GORMAN MUNICIPALS, INC., Bankrupt. Chauncey H. LEVY, Trustee in Bankruptcy of Scott, Gorman Municipals, Inc., Plaintiff, v. CHEMICAL BANK, et al., Defendants.

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

June 30, 1982.

Attorney(s) appearing for the Case

Hershcopf & Stevenson, New York City, for trustee; Abraham J. Backenroth, New York City, of counsel.

Healy & Baillie, New York City, for claimants; Raymond A. Connell, New York City, of counsel.

MEMORANDUM OPINION

JOEL LEWITTES, Bankruptcy Judge.

In this adversary proceeding1 commenced by the Trustee in Bankruptcy of Scott, Gorman Municipals, Inc. ("SGM"), both the Trustee and defendants Milton and Martha Staub have moved for summary judgment.2 Although, the Trustee's motion is addressed to several defendants, this decision resolves only the dispute as between the Trustee and the Staubs....

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