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IN RE TRANSLEISURE CORP.

Bankruptcy Nos. 884-40672-18 to 884-40681-18.

41 B.R. 201 (1984)

In re TRANSLEISURE CORPORATION, Translex Corporation, T.O.D. Manufacturing Co., Inc., Professional Sporting Goods Merchandisers, Inc., Island Helicopter Corp., Island Helicopter, Inc., New York Helicopter, Inc., Transavionics Corporation, Helicopter Maintenance Service, Inc., Island Helicopter Flight School, Inc., Debtors.

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

June 15, 1984.

Attorney(s) appearing for the Case

Shaw, Goldman, Licitra, Levine & Weinberg, P.C., Garden City, N.Y., for debtors.

Milbank, Tweed, Hadley & McCloy, New York City, for Beneficial Finance Leasing Corp.

DECISION & ORDER

C. ALBERT PARENTE, Bankruptcy Judge.

Island Helicopter Corporation, the debtor, has cross-moved for an order "dismissing and denying" the motion of Beneficial Finance Leasing Corporation ("Beneficial") under Bankruptcy Rule 7019 which incorporates Fed.R.Civ.P. 19 on the grounds that "several additional parties . . . are both necessary . . . and indispensable" to the action.

Beneficial's motion seeks an order vacating the automatic...

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