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IN RE Q1 CORP.

No. CV-83-0525, Bankruptcy No. 882-82498, Adv. No. 882-0823-18.

28 B.R. 647 (1983)

In re Q1 CORPORATION, Debtor. Q1 CORPORATION, Plaintiff, v. Victor REICHENSTEIN, Defendant.

United States District Court, E.D. New York.

March 22, 1983.

Attorney(s) appearing for the Case

Schwartz, Sachs & Kamhi, P.C. by Gary B. Sachs, Carle Place, N.Y., for plaintiff.

Zalkin, Rodin & Goodman by Andrew D. Gottfried, New York City, for defendant.

ALTIMARI, District Judge:

On October 1, 1982, plaintiff, Q1 Corporation (Q1), filed a Chapter 11 petition for reorganization in the Bankruptcy Court for the Eastern District of New York. Subsequently, on November 30, 1982, Q1 commenced also in Bankruptcy Court the instant adversary proceeding against defendant, Victor Reichenstein, alleging that defendant agreed to finance the aforementioned reorganization. In essence, the adversary proceeding presents a traditional...

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