IN RE EAGSON CORP.

Bankruptcy No. 76-1971EG.

26 B.R. 660 (1982)

In re EAGSON CORPORATION, Bankrupt. REPUBLIC REALTY MORTGAGE CORPORATION and Westinghouse Electric Corporation, Plaintiffs, v. Myron HARRIS, Esquire, Trustee, and Eagson Corporation, Defendants.

United States Bankruptcy Court, E.D. Pennsylvania.

December 29, 1982.


Attorney(s) appearing for the Case

Andre L. Dennis, Philadelphia, Pa., for plaintiff, Republic Realty Mortg. Corp.

Raymond W. Midgett, Jr., Philadelphia, Pa., for plaintiff, Westinghouse Elec. Corp.

Myron Harris, pro se.

Horace A. Stern, Wexler, Weisman, Forman & Shapiro, P.C., Philadelphia, Pa., for the defendant, Myron Harris, receiver.

Marjorie O. Rendell, Philadelphia, Pa., for the Creditors' Committee.

Michael L. Temin, Wolf, Block, Schorr & Solis-Cohen, Philadelphia, Pa., for Strouse, Greenberg & Co.


OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The case at bench involves a motion for summary judgment by the plaintiffs based on an exculpatory clause which the bankrupt alleges is invalid because it was induced to agree to said clause under economic duress. We will grant summary judgment because we find that there is no genuine issue of fact to be resolved by the court and because the plaintiffs, the movants herein, are entitled to judgment on the law on...

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