DECISION ON ORDER TO SHOW CAUSE TO ENJOIN PERMANENTLY THE MERCHANTS BANK OF NEW YORK FROM SATISFYING ITS JUDGMENT
HOWARD SCHWARTZBERG, Bankruptcy Judge.
The proceeds from wedding gifts deposited in a joint bank account were levied upon by The Merchants Bank of New York ("Merchants") in satisfaction of a judgment obtained by Merchants against Stephen G. Glatzer, the president and major shareholder of Emergency Beacon Corporation ("EBC"), a Chapter XI debtor...
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